ISS Concludes Initial Phase of Share Buyback Programme
ISS Concludes Initial Phase of Share Buyback Programme
Company Announcement
On February 20, 2025, ISS initiated a share buyback programme, now officially concluding its first tranche. The company successfully repurchased 7,409,554 shares for a total consideration of DKK 1,250 million.
The purpose of this initiative is clear: ISS aims to distribute excess cash to its shareholders. By decreasing its share capital and fulfilling obligations from share-based incentive plans, ISS enhances its financial position.
Transaction Overview
The following summarizes the transactions executed during this buyback programme:
Details of Share Transactions
Accumulated from the last announcement, ISS had acquired 7,190,833 shares at an average price of DKK 168.19, totaling DKK 1,209,410,651. Recent purchases have added significantly to this figure:
On August 4, 2025, 45,664 shares were acquired at DKK 186.32 each, totaling DKK 8,508,066.
On August 5, 2025, 61,521 shares were purchased at DKK 186.06, with a total spend of DKK 11,446,400.
The next day, on August 6, 2025, 70,000 shares were bought at an average price of DKK 185.21, bringing the transaction value to DKK 12,964,392.
On August 7, 2025, an additional 25,000 shares were acquired at DKK 184.92, totaling DKK 4,622,938.
Finally, on August 8, 2025, 16,536 shares were purchased at an average price of DKK 184.30, amounting to DKK 3,047,515.
In total, under this initial phase of the buyback programme, ISS has successfully bought back 7,409,554 shares at an average price of DKK 168.70, amounting to an overall transaction value of DKK 1,249,999,962. Following these purchases, ISS A/S holds a total of 6,507,633 treasury shares, which constitutes 3.74% of the company’s total share capital.
Regulatory Compliance
This share buyback is conducted in accordance with the stringent regulations imposed by the European Union. Specifically, it aligns with the Market Abuse Regulation (EU) and the Safe Harbour Regulation, ensuring all aspects of the transaction uphold the highest standards of transparency and legality.
Investor and Media Enquiries
For those interested in more information regarding the buyback programme, ISS invites investor inquiries directed to:
Michael Vitfell-Rasmussen, Head of Group Investor Relations, available at +45 53 53 87 25
Anne Sophie Riis, Senior Investor Relations Manager, reached at +45 30 52 94 68.
For media inquiries, contact:
Charlotte Holm, Head of External Communication, at +45 41 76 19 89.
About ISS A/S
ISS is a foremost global provider of workplace and facility service solutions. The company partners with clients to enhance employee engagement, improve well-being, and ensure minimal environmental impacts. In its operations across diverse settings, ISS employs a workforce of over 325,000 dedicated individuals, termed 'placemakers'. In 2024, ISS reported impressive group revenues of DKK 83.7 billion.
For more information about ISS, visit www.issworld.com.
Frequently Asked Questions
What led to the initiation of the share buyback programme?
ISS initiated the programme to redistribute excess cash to shareholders and reduce share capital.
How many shares were repurchased in the first tranche?
A total of 7,409,554 shares were repurchased during the first tranche of the share buyback programme.
What was the total transaction value of the shares bought back?
The total consideration for the shares bought back amounted to DKK 1,250 million.
How does ISS ensure compliance with regulations during the buyback?
ISS conducts its buyback programme in alignment with the EU's Market Abuse Regulation and Safe Harbour Regulation, ensuring all transactions are compliant.
Who should investors contact for further inquiries?
Investors can reach out to Michael Vitfell-Rasmussen or Anne Sophie Riis for inquiries related to the buyback programme.
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