Alm. Brand A/S's Recent Share Buybacks Overview
Overview of Alm. Brand A/S's Share Buyback Program
Alm. Brand A/S has initiated an extensive share buy-back program aimed at enhancing shareholder value. This program, initially announced for a total of DKK 835.2 million, reflects the company's strategic move to utilize its financial resources effectively.
Recent Transactions from 22 to 25 April 2025
Recently, Alm. Brand A/S conducted several transactions as part of its ongoing share buy-back initiative. In the week spanning from 22 April to 25 April 2025, the company successfully acquired a substantial number of shares, continuing its commitment to return capital to shareholders.
Weekly Summary of Share Transactions
The following transactions were made during this week:
Accumulating shares is an essential aspect of the company's approach to boost shareholder confidence. For the week numbered 17, Alm. Brand A/S has outlined their transactions as follows:
Detailed Breakdown of Transactions
Throughout this brief period, specific details are highlighted below:
- Accumulated Shares: Prior to the transactions, 7,820,000 shares had been bought back with an average purchase price of 15.88 DKK, totaling 122,443,400 DKK.
- 22 April 2025: 270,000 shares were acquired at an average price of 15.17 DKK, contributing 4,095,900 DKK to costs.
- 23 April 2025: Another 260,000 shares were purchased at a price of 15.23 DKK.
- 24 April 2025: Continuing the momentum, 260,000 shares were acquired at 15.30 DKK.
- 25 April 2025: The final transaction within this week comprised of 260,000 shares at an average price of 15.39 DKK.
Total Impact of the Buyback Program
In total, 1,050,000 shares were repurchased during the specified week, at an average purchase price of 15.27 DKK, amounting to a total expenditure of 16,035,100 DKK. Cumulatively, the company has now acquired 8,870,000 shares under this buy-back program, with an overall average price of 15.81 DKK and an expenditure totaling 138,478,500 DKK.
This strategic effort means that Alm. Brand A/S currently holds 102,289,230 of its own shares, representing 6.64% of the overall shares outstanding. This share buyback strategy is seen as a proactive measure to fortify the company's stock performance.
Contact Information
For more information regarding these transactions and the share buyback program, stakeholders are encouraged to reach out:
Contact:
Head of Investor Relations & ESG
Mads Thinggaard
Mobile no. +45 2025 5469
Frequently Asked Questions
What is the reason for Alm. Brand A/S's share buyback program?
The share buyback program is designed to enhance shareholder value and demonstrate confidence in the company's financial health.
How many shares has Alm. Brand A/S repurchased recently?
In the week from 22 to 25 April 2025, Alm. Brand A/S repurchased 1,050,000 shares.
What is the total amount spent on the share buyback?
For the week in question, a total of 16,035,100 DKK was spent on share repurchases.
How many shares does Alm. Brand A/S currently hold?
The company currently holds 102,289,230 of its own shares, equating to 6.64% of the outstanding shares.
Who can I contact for more details on the share buyback program?
You can reach out to Mads Thinggaard, Head of Investor Relations & ESG, for any inquiries related to the program.
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