Overview of Alm. Brand A/S Share Buy-Back Program
Alm. Brand A/S is actively pursuing a share buy-back program to enhance shareholder value. Recently, the company set a buy-back budget of DKK 150 million, showing a strong commitment to building investor trust and improving share performance.
Recent Transactions from September 16 to September 20
During this week, the company's significant transactions highlighted its strategic focus. These activities adhered to established regulations designed to promote transparency and fairness in the market.
Transaction Summary
In week 38, notable transactions took place, with a total of 840,211 shares purchased, reflecting a continued effort in the company's buy-back program.
Breakdown of Transactions
- Accumulated Shares from Previous Announcements: 3,056,988
- Average Purchase Price: 12.16 DKK
- Total Amount Spent: 37,161,099 DKK
- Shares Acquired on September 16: 43,333 at 12.57 DKK each
- Shares Acquired on September 17: 186,575 at 12.59 DKK each
- Shares Acquired on September 18: 20,427 at 12.59 DKK each
- Shares Acquired on September 19: 250,000 at 12.66 DKK each
- Shares Acquired on September 20: 339,876 at 12.61 DKK each
Impact of Total Share Buy-Back
The ongoing share buy-back program has resulted in Alm. Brand A/S holding a total of 28,625,143 of its own shares, which is about 1.86% of the total outstanding shares. This strategic move reflects a strong commitment to enhancing investor relationships and solidifying the company’s position in the market.
Contact Information for Questions
If you have any inquiries regarding this share buy-back announcement, please reach out to:
Mads Thinggaard
Head of IR, Rating, and ESG Reporting
Mobile: +45 2025 5469
Frequently Asked Questions
What is the purpose of Alm. Brand A/S's share buy-back program?
The buy-back program is intended to return value to shareholders and boost stock performance.
How many shares were bought back during week 38?
A total of 840,211 shares were repurchased in that week.
What regulations govern this buy-back program?
This program follows Regulation No 596/2014 of the European Parliament and Council and includes the Safe Harbour Regulations.
What is the overall impact of the buy-back program?
Alm. Brand A/S now manages 28,625,143 of its own shares, demonstrating its dedication to enhancing shareholder value.
Who should I contact for more information regarding the buy-back program?
For further inquiries, get in touch with Mads Thinggaard, Head of IR, at +45 2025 5469.