Alm. Brand A/S Updates Share Buyback Program Details

Alm. Brand A/S Share Buyback Program Overview
Alm. Brand A/S is actively engaged in a substantial share buyback program aimed at enhancing shareholder value. The company recently announced an initiative with a budget of up to DKK 835.2 million, reflecting their commitment to shareholder returns and financial stability.
Recent Transactions in the Buyback Program
Between March 31 and April 4, 2025, several share buyback transactions took place. These transactions are pivotal as they illustrate the company’s strategy to purchase its own shares on the market, a practice that can potentially uplift the share price and reduce share dilution.
Transaction Details
During the specified week, Alm. Brand A/S made the following noteworthy transactions under its share buyback program:
Daily Shares Bought and Their Costs
On March 31, 2025, the company acquired 250,000 shares at an average price of DKK 16.56, resulting in an investment of approximately DKK 4.14 million. The following days saw increased activity:
- On April 1, 330,000 shares were bought at DKK 15.78, amounting to DKK 5.21 million.
- The purchase on April 2 included another 330,000 shares at DKK 15.21, totaling DKK 5.02 million.
- April 3 brought a further acquisition of 350,000 shares at DKK 15.28, with a total expenditure of DKK 5.35 million.
- Finally, on April 4, 375,000 shares were purchased at DKK 14.87, costing DKK 5.57 million.
In total, the week saw the buyback of 1,635,000 shares for a cumulative cost of DKK 25.29 million.
Accumulated Impact of the Buyback
As of the latest update, Alm. Brand A/S has accumulated a total of 5,165,000 shares under this program, highlighting a commitment to enhancing its capital structure. The average purchase price for these shares stands at DKK 16.31, reflecting the company’s approach in maintaining a balanced investment strategy while supporting stakeholder interests.
Current Ownership Post-Transactions
With the completion of these transactions, the company holds a total of 98,584,230 shares, which corresponds to approximately 6.40% of the total outstanding shares. This reduction in share count can contribute to improved earnings per share, benefiting the current shareholders.
Contact Information for Inquiries
For any inquiries related to this announcement, stakeholders and interested parties may reach out to:
Investors and Equity Analysts:
Head of IR, Rating and ESG Reporting
Mads Thinggaard
Mobile No. +45 2025 5469
Frequently Asked Questions
What is the primary goal of Alm. Brand A/S’s share buyback program?
The primary goal is to enhance shareholder value by purchasing shares, which can potentially improve earnings per share and reduce share dilution.
How much has Alm. Brand A/S allocated for the buyback program?
Alm. Brand A/S has allocated up to DKK 835.2 million for its share buyback initiatives.
How many shares were bought back during the latest weekly reporting period?
The company bought back a total of 1,635,000 shares during the reporting week.
What is the average purchase price of the shares acquired so far?
The average purchase price of the shares acquired under the buyback program stands at DKK 16.31.
Who can be contacted for more information regarding the buyback program?
For more information, stakeholders can contact Mads Thinggaard, Head of IR at Alm. Brand A/S, via mobile at +45 2025 5469.
About The Author
Contact Dylan Bailey privately here. Or send an email with ATTN: Dylan Bailey as the subject to contact@investorshangout.com.
About Investors Hangout
Investors Hangout is a leading online stock forum for financial discussion and learning, offering a wide range of free tools and resources. It draws in traders of all levels, who exchange market knowledge, investigate trading tactics, and keep an eye on industry developments in real time. Featuring financial articles, stock message boards, quotes, charts, company profiles, and live news updates. Through cooperative learning and a wealth of informational resources, it helps users from novices creating their first portfolios to experts honing their techniques. Join Investors Hangout today: https://investorshangout.com/
The content of this article is based on factual, publicly available information and does not represent legal, financial, or investment advice. Investors Hangout does not offer financial advice, and the author is not a licensed financial advisor. Consult a qualified advisor before making any financial or investment decisions based on this article. This article should not be considered advice to purchase, sell, or hold any securities or other investments. If any of the material provided here is inaccurate, please contact us for corrections.