FLSmidth's Share Buy-Back Programme Overview
COMPANY ANNOUNCEMENT NO. 26-2025
FLSmidth & Co. A/S has made significant strides in its share buy-back initiative, reflecting its dedication to enhancing shareholder value. The company has initiated a buy-back programme with a total allocation of up to DKK 1.4 billion. This initiative allows the company to repurchase up to 4,600,000 shares, which is about 8% of FLSmidth's total share capital.
Execution of the Buy-Back Programme
The implementation of the share buy-back programme commenced on June 25, 2025, and is being executed in accordance with the relevant regulations aimed at ensuring transparency and fairness in the market. As part of this programme, FLSmidth conducted multiple transactions recently.
Transaction Summary from Recent Buybacks
From August 27 to September 2, 2025, FLSmidth completed several transactions under its buy-back programme. Below is a summary of these transactions:
Details of Share Repurchases
During this period, the company repurchased a total of 97,500 shares. This brings the cumulative amount of shares bought back since the programme's initiation to 975,000 shares, totaling a value of DKK 384,885,565.28. Here are the transaction specifics:
On August 27, 2025, FLSmidth acquired 15,000 shares at an average price of DKK 428.74, resulting in a total transaction value of DKK 6,431,113.50. The following day, the company bought another 16,000 shares, this time at a price of DKK 432.46, which totaled DKK 6,919,308.80.
On August 29, the company continued its efforts by repurchasing an additional 16,000 shares for an average price of DKK 439.71, amounting to DKK 7,035,297.60. The next day saw a similar buyback of 16,000 shares at DKK 435.94 with a total expenditure of DKK 6,975,017.60. Finally, on September 2, 2025, FLSmidth purchased 18,500 shares at DKK 429.01, costing DKK 7,936,757.15.
Currently, after these transactions, FLSmidth holds a total of 1,542,002 shares as treasury shares.
Strategic Importance of the Buy-Back Programme
This share buy-back programme is not merely a financial maneuver; it represents FLSmidth's strategy to bolster shareholder confidence and manage the capital structure wisely. By buying back shares, the company signals its belief in its long-term business model and growth potential. Shareholder value can significantly increase as the reduction in outstanding shares can lead to a higher earnings per share (EPS) ratio.
FLSmidth's Commitment to Sustainability
In addition to financial activities like the buy-back programme, FLSmidth is actively engaged in sustainability efforts through its MissionZero initiative. This ambitious plan aims for net-zero emissions in mining operations by 2030, reinforcing FLSmidth’s position as a leader in sustainable practices within the industry. The company is committed to utilizing state-of-the-art technology and processes aimed at reducing environmental impact and promoting sustainable mining solutions.
Contact Information
Investor Relations
Andreas Holkjær, +45 24 85 03 84, andh@flsmidth.com
Jannick Denholt, +45 21 69 66 57, jli@flsmidth.com
Frequently Asked Questions
What is the purpose of FLSmidth's share buy-back programme?
The programme is designed to enhance shareholder value by reducing the number of outstanding shares, potentially increasing earnings per share.
How much has FLSmidth allocated for the share buy-back?
FLSmidth has allocated up to DKK 1.4 billion for its share buy-back programme.
What is the total number of shares FLSmidth has repurchased?
To date, FLSmidth has repurchased 975,000 shares under this programme.
How does the buy-back programme impact shareholders?
By reducing the number of shares, existing shareholders may see an increase in their ownership percentage and potentially their earnings per share.
What sustainability initiatives is FLSmidth involved in?
FLSmidth's MissionZero initiative aims for zero emissions in mining by 2030, reflecting its commitment to sustainability.
