Alm. Brand A/S Reports Significant Share Buyback Activity
Alm. Brand A/S Share Buyback Program Overview
Alm. Brand A/S is actively engaging in a share buyback program, which serves to enhance shareholder value and show confidence in the company's future. The program's total potential is set at DKK 835.2 million. This plan allows the company to repurchase its own shares, thereby reducing the number of shares available on the market.
Recent Transactions
The latest share buyback activities occurred during a designated weekly period, and the details concerning these transactions were made public. On multiple days throughout this period, the company allocated funds to repurchase shares, indicating robust market participation. These actions demonstrate the company’s commitment to returning value to its investors.
Weekly Breakdown of Buyback Transactions
Throughout the designated week, Alm. Brand A/S executed various share purchases. The total number of shares bought back during this week reached 790,000 shares, with an average purchase price of DKK 16.36 per share. This amounted to a total expenditure of approximately DKK 12,923,800.
Detailed Transaction Insights
The share buyback saw significant activity on specific days, including:
- On June 2, 2025, the company bought back 190,000 shares at an average price of DKK 16.22.
- On June 3, 2025, the company acquired an additional 200,000 shares at DKK 16.31 per share.
- Subsequently, on June 4, another 200,000 shares were purchased at an average price of DKK 16.29.
- On June 6, the company made a final purchase of 200,000 shares at DKK 16.61 each.
These transactions reflect a strategic move to reinforce the company’s market position and confidence in its long-term growth trajectory.
Current Shareholding Status
Post these transactions, Alm. Brand A/S now holds a total of 107,309,584 shares, which is roughly 6.96% of all outstanding shares. This significant ownership denotes a clear investment in the company's future and steadies its influence in the market.
Contact Information for Investors
For inquiries about the share buyback program or any related matters, stakeholders and interested parties are encouraged to reach out directly:
Head of Investor Relations & ESG
Mads Thinggaard
Mobile: +45 2025 5469
Frequently Asked Questions
What is the purpose of the share buyback program?
The share buyback program aims to increase shareholder value by reducing the number of shares in circulation and signaling confidence in the company’s business strategy.
How much has been allocated for the share buyback?
A total of DKK 835.2 million has been designated for the share buyback initiative.
What were the average prices during the latest buyback transactions?
The average purchase price of the shares during the recent transaction period was approximately DKK 16.36.
How does this impact shareholders?
By reducing the number of shares available to the public, the share buyback program effectively increases the value of existing shares, benefiting current shareholders.
Who can I contact for more information?
Investors and equity analysts can contact Mads Thinggaard, Head of Investor Relations & ESG, at +45 2025 5469 for more details.
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