Alm. Brand A/S Share Buyback Update for This Week

Alm. Brand A/S Share Buy-Back Program Overview
Alm. Brand A/S has recently been active in its ongoing share buy-back program, designed to enhance shareholder value by reducing the number of outstanding shares. This strategic move allows the company to acquire its own shares from the market, effectively increasing the value for existing shareholders while promoting steady growth.
Details of Recent Transactions
During the week from 4th to 8th March 2025, Alm. Brand A/S executed several significant transactions under its buy-back program, which was initially announced on 5th March 2025, with a total budget of DKK 835.2 million. The company's consistent commitment to share buybacks highlights its confidence in long-term strategies and in the stability of its market position.
Weekly Transaction Summary
The following outlines the transactions completed during this week:
- Total shares bought back: 770,000
- Average purchase price: 18.15 DKK
- Total amount spent: 13,973,400 DKK
Transaction Breakdown
Here’s a detailed breakdown of the transactions made:
- Accumulated shares before this week: 21,390,000 at an average price of 16.16 DKK.
- 4th March 2025: 160,000 shares at 18.07 DKK.
- 5th March 2025: 160,000 shares at 18.17 DKK.
- 6th March 2025: 150,000 shares at 18.17 DKK.
- 7th March 2025: 150,000 shares at 18.11 DKK.
- 8th March 2025: 150,000 shares at 18.22 DKK.
Total Accumulation Under the Program
As of now, Alm. Brand A/S has accumulated a total of 22,160,000 shares under the buy-back program, acquired at an average price of 16.23 DKK. The recent transactions reinforce the commitment of the company towards enhancing shareholder equity and maintaining rewarding returns.
Current Holdings
With the completion of these latest transactions, Alm. Brand A/S holds a total of 26,405,696 of its own shares. This now represents approximately 1.82% of all outstanding shares.
Company Contact Information
For further inquiries or detailed information regarding this announcement, stakeholders can contact:
Head of Investor Relations & ESG
Mads Thinggaard
Phone: +45 2025 5469
Frequently Asked Questions
What is Alm. Brand A/S's share buy-back program?
It is a company initiative to repurchase its shares from the market, aimed at increasing shareholder value and reducing the number of outstanding shares.
How much has Alm. Brand A/S spent on share buybacks recently?
In the latest transactions, the company spent approximately 13,973,400 DKK for 770,000 shares bought back.
What are the total shares bought back under the program?
As of now, Alm. Brand A/S has bought back a total of 22,160,000 shares under the buy-back program.
Who should I contact for more information?
For any inquiries, please reach out to Mads Thinggaard, Head of Investor Relations & ESG, at +45 2025 5469.
Why are share buybacks beneficial for investors?
Share buybacks enhance value by potentially boosting the stock price and increasing earnings per share, benefiting existing shareholders.
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