In-Depth Insight into Trifork Group's Share Buyback Progress
Trifork Group's Share Buyback Program Overview
Company announcement no. 31 / 2025
Schindellegi, Switzerland
Trifork Group: Weekly report on share buyback
On 28 February 2025, Trifork initiated a share buyback program in line with the MAR regulations established by the European Parliament. The program is set to run from 4 March 2025 through no later than 30 June 2025. For further details, refer to company announcement no. 7 from the initiation date.
Financial Commitment and Share Purchases
Trifork has committed to purchasing shares up to a total value of DKK 14.92 million, which amounts to approximately EUR 2 million. Prior to launching this buyback program, Trifork held 256,329 treasury shares, representing 1.3% of its total share capital.
Since the onset of the program, a total of 94,974 shares have been repurchased at a cumulative expense of DKK 8,268,765. Below is a record of the daily transactions made thus far:
Daily Transactions Highlights
As of now, the share buyback has progressed as follows:
- Total shares bought: 94,974 shares
- Total spend: DKK 8,268,765
- Initial shares before buyback: 256,329
The daily purchase insights include:
- 1,300 shares on 19 May at an average price of DKK 92.53
- 1,200 shares on 20 May at an average price of DKK 91.89
- 1,200 shares on 21 May at an average price of DKK 91.57
- 1,200 shares on 22 May at an average price of DKK 91.53
- 1,200 shares on 23 May at an average price of DKK 90.93
Impact on Treasury Shares
With the completion of the aforementioned transactions, Trifork now holds a total of 326,016 treasury shares, which corresponds to 1.7% of their total shares. The aggregate number of registered shares in Trifork amounts to 19,744,899. After accounting for treasury shares, this leaves 19,417,909 outstanding shares.
Change in Employee Compensation
As part of its compensation strategy, Trifork has transitioned from cash payments to partial share payments for the Executive Management's monthly fixed salaries. On three different occasions during March, April, and May, a portion of the repurchased shares was utilized for this purpose, including 4,370 shares for the management team and additionally, 19,943 shares for the Restricted Stock Unit (RSU) plan on 1 April 2025.
Ongoing Engagement with Investors and Media
Investor and media contact
Frederik Svanholm, Group Investment Director, frsv@trifork.com, +41 79 357 73 17
About Trifork Group
Trifork is recognized as a global technology innovator, catering to both enterprise and public sector clients. With a robust team of 1,215 experts across 71 business units in 16 countries, Trifork excels in creating and managing advanced software solutions across various domains, including healthcare, finance, and logistics. The Group’s research division, Trifork Labs, stands at the forefront of innovation, nurturing high-potential tech companies that align with their strategic vision. As a publicly traded entity on Nasdaq Copenhagen, Trifork Group values transparency and stakeholder engagement, continuously working to enhance shareholder returns while driving technological advancements.
Frequently Asked Questions
What is the purpose of Trifork's share buyback program?
The share buyback program aims to enhance shareholder value by repurchasing shares to reduce the total share count and support market prices.
How much money is allocated for the share buyback?
Trifork has set aside up to DKK 14.92 million for the share buyback program, which is approximately EUR 2 million.
When did the share buyback program start?
The share buyback program commenced on 4 March 2025 and is scheduled to conclude by 30 June 2025.
Who is the media contact for Trifork?
Frederik Svanholm is the Group Investment Director and can be contacted via email at frsv@trifork.com.
What technology sectors does Trifork serve?
Trifork operates across various sectors, including public administration, healthcare, logistics, and financial services, focusing on creating innovative digital solutions.
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