Exploring Tryg's Share Buyback Program: Recent Transactions Insights

Understanding Tryg's Share Buyback Program
Recently, Tryg A/S, widely recognized for its commitment to enhancing shareholder value, announced a significant share buyback program, highlighting a budget of up to DKK 2.0 billion. This initiative reflects the company's strong financial health and its proactive approach in managing capital. Under the robust framework of EU Market Abuse Regulation, this program is designed to support the company’s long-term growth strategy while returning excess capital to shareholders.
Timeline and Structure of the Program
The implementation of this buyback program began with recent transactions outlined during the specified period of mid-May. These transactions are reported weekly through Nasdaq Copenhagen for transparency and investor awareness. This structured approach signifies Tryg's dedication to maintaining open communication with investors and stakeholders.
Recent Transactions Overview
Between May 12, 2025, and May 16, 2025, a series of share buybacks were carried out, showcasing a consistent effort to repurchase shares. Here’s a closer look at the transactions during this period:
- 12 May 2025: 70,000 shares purchased at an average price of DKK 161.21, totaling DKK 11,284,700.
- 13 May 2025: Another 70,000 shares bought at DKK 160.96, amassing DKK 11,267,200.
- 14 May 2025: 70,000 shares were acquired at DKK 161.92, bringing the total to DKK 11,334,400.
- 15 May 2025: 65,000 shares purchased at an average price of DKK 163.96, totaling DKK 10,657,400.
- 16 May 2025: The last transaction in this reporting period involved 60,000 shares at DKK 167.67, resulting in a total of DKK 10,060,200.
Together, these transactions amount to a staggering total of 335,000 shares repurchased at a cumulative value of DKK 54,603,900, demonstrating Tryg's robust engagement in the buyback program.
Total Impact on Share Capital
Following these transactions, Tryg A/S owns a total of 6,925,017 treasury shares, accounting for 1.133% of the entire share capital. This significant ownership level reinforces the company's commitment to optimizing its capital structure and nurturing shareholder relations.
Commitment to Investors
Tryg’s focus on effective capital management is exemplified by this share buyback initiative. By actively repurchasing shares, Tryg not only displays confidence in its business model but also signals to investors that it is committed to enhancing shareholder value. This proactive measure serves as a vital mechanism to counterbalance share dilution and potentially improve earnings per share.
Contact Information for Further Inquiries
If you have any questions or need further details regarding the share buyback program and its implications, you may reach out to the following key contacts:
- Gianandrea Roberti, Head of Financial Reporting: +45 20 18 82 67, gianandrea.roberti@tryg.dk
- Robin Hjelgaard Løfgren, Head of Investor Relations: +45 41 86 25 88, robin.loefgren@tryg.dk
- Peter Brondt, Investor Relations Director: +45 22 75 89 04, peter.brondt@tryg.dk
Frequently Asked Questions
What is the purpose of Tryg's share buyback program?
The program aims to enhance shareholder value by repurchasing shares, which can reduce share dilution and support earnings per share growth.
How much is allocated to the share buyback program?
Tryg has allocated up to DKK 2.0 billion for its share buyback program.
What was the total number of shares repurchased in mid-May?
A total of 335,000 shares were repurchased during this reporting period.
Who can I contact for more information about the share buyback program?
You can reach out to Gianandrea Roberti, Robin Hjelgaard Løfgren, or Peter Brondt for inquiries regarding the program.
Why is transparency important in share buyback programs?
Transparency is essential as it builds investor trust and ensures stakeholders have accurate information about the company's financial strategies.
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