Overview of ISS A/S Share Buyback Program
ISS A/S, a leading workplace experience and facility management company, has implemented a share buyback program aimed at enhancing shareholder value. This significant initiative allows ISS to redistribute excess cash to its shareholders while also addressing commitments tied to employee incentive programs.
Objectives of the Share Buyback
The primary goals of this share buyback program are twofold: to respectfully reduce the total share capital and to fulfill obligations arising from ISS’ share-based incentive schemes. This approach displays ISS's commitment to maximizing shareholder returns while strategically managing its capital structure.
Details of the Buyback Programme
ISS A/S plans to repurchase shares with a maximum total cost of DKK 2.5 billion. The buyback actions commenced on February 20, 2025, and will extend until at least February 13, 2026. The initial tranche, which has a cap of DKK 1,250 million, began on the program's inception date and is expected to close no later than August 11, 2025.
Recent Transactions Under the Buyback Program
As of now, some notable transactions have been made under the share buyback program:
Transaction Summary
By June 27, 2025, ISS A/S had accumulated a total of 5,798,229 shares through its buyback activities. The remarkable progress is highlighted by an average purchase price of DKK 164.49 per share, reflecting a total transaction value of approximately DKK 953,737,897. This demonstrates effective execution of the buyback strategy and commitment to shareholder engagement.
Transaction Breakdown
The list below outlines specific transactions made:
- Accumulated, last announcement: 5,558,206 shares at DKK 164.05, valued at DKK 911,848,326.
- June 23, 2025: Purchased 36,056 shares at an average price of DKK 172.27, totaling DKK 6,211,403.
- June 24, 2025: Acquired 57,823 shares at DKK 173.28, with a transaction value of DKK 10,019,390.
- June 25, 2025: Bought 35,553 shares at DKK 173.09, amounting to DKK 6,153,826.
- June 26, 2025: Invested in 19,509 shares valued at DKK 174.99, totaling DKK 3,413,804.
- June 27, 2025: Acquired 91,082 shares at an average price of DKK 176.67 for a total of DKK 16,091,147.
As a result of these transactions, ISS A/S now holds 4,896,308 treasury shares, representing about 2.81% of the company’s total share capital.
Commitment to Compliance and Transparency
In line with the Market Abuse Regulation, ISS has diligently provided details of each transaction executed under its share buyback initiative. This transparency is crucial in maintaining shareholder trust and demonstrating regulatory compliance.
ISS A/S: A Leader in Workplace Services
ISS is recognized as a global frontrunner in providing comprehensive workplace and facility service solutions. With a workforce exceeding 325,000 dedicated employees, termed “placemakers,” ISS effectively fosters customer engagement and wellbeing while prioritizing environmental sustainability. For the year 2024, the group achieved a notable revenue of DKK 83.7 billion, establishing itself as a steadfast partner in the industry.
For Investor and Media Inquiries
Investor Enquiries:
Michael Vitfell-Rasmussen, Head of Group Investor Relations, +45 53 53 87 25
Anne Sophie Riis, Senior Investor Relations Manager, +45 30 52 94 68
Media Enquiries:
Charlotte Holm, Head of External Communication, +45 41 76 19 89
Frequently Asked Questions
What is the purpose of the ISS A/S share buyback program?
The primary purpose is to return excess cash to shareholders and fulfill obligations arising from share-based incentive programs.
When did the share buyback program start?
The share buyback program was initiated on February 20, 2025.
How much total value is dedicated to the share buyback program?
ISS A/S plans to repurchase shares for a total value of DKK 2.5 billion.
What has been the impact of recent transactions on share capital?
As of June 27, 2025, ISS A/S has accumulated 5,798,229 shares, improving shareholder representation with a current treasury share percentage of 2.81%.
How can I contact ISS A/S for more information?
Investors can reach out to Michael Vitfell-Rasmussen or Anne Sophie Riis, while media inquiries can be directed to Charlotte Holm.
