Highlights of Alm. Brand A/S Recent Share Buyback Activities

Overview of Alm. Brand A/S Share Buyback Program
Alm. Brand A/S has initiated a significant share buyback program, aiming to repurchase up to DKK 835.2 million worth of shares, an effort outlined in their official communications. This move reflects the company's commitment to returning value to its shareholders and optimizing its capital structure.
Details of Recent Transactions
Within the specified period from June 16 to June 20, there were notable share transactions as part of the buyback initiative. Each transaction provides insights into the operational strategy of Alm. Brand A/S during this phase.
Transaction Summary for Week 25
During week number 25, the company bought back a total of 1,040,000 shares. These purchases were strategically executed at varying average prices, demonstrating a proactive approach in managing the buyback.
Transaction Breakdown
Here’s an overview of the transactions completed:
- Accumulated Shares Before Transactions: 15,670,000 shares at an average price of DKK 15.90, totaling DKK 246,847,400.
- Transactions on Specific Dates: The volume of shares purchased each day and their respective prices varied:
- June 16: 200,000 shares at DKK 16.27
- June 17: 200,000 shares at DKK 16.20
- June 18: 220,000 shares at DKK 16.12
- June 19: 220,000 shares at DKK 16.06
- June 20: 200,000 shares at DKK 16.27
The average purchase price for this week was recorded at DKK 16.18, amounting to a total expenditure of DKK 16,827,600.
Current Position Post-Transactions
After executing these transactions, Alm. Brand A/S now holds a total of 109,095,696 of its own shares. These shares account for approximately 7.08% of the total issued shares. This share buyback program not only strengthens the company’s balance sheet but also reinforces investor confidence.
Investor Relations Contact
If you have any inquiries regarding this announcement, Alm. Brand A/S encourages communication with their Investor Relations office. Mads Thinggaard, the Head of Investor Relations & ESG, is available for any questions or clarifications. You can reach him on his mobile at +45 2025 5469.
Frequently Asked Questions
What is the purpose of the share buyback program by Alm. Brand A/S?
The share buyback program aims to return value to shareholders and optimize the company's capital structure.
How many shares were bought back during the recent transactions?
A total of 1,040,000 shares were bought back from June 16 to June 20.
What was the average purchase price during the recent share buyback?
The average purchase price for shares bought back during that week was DKK 16.18.
Who can investors contact for more information about the share buyback?
Investors can contact Mads Thinggaard, Head of Investor Relations & ESG, at +45 2025 5469.
What percentage of total shares does Alm. Brand A/S hold after the buybacks?
After the buybacks, Alm. Brand A/S holds approximately 7.08% of its total issued shares.
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