Insightful Overview of Alm. Brand A/S Share Buyback Program
Alm. Brand A/S Share Buyback Program Overview
The share buyback program of Alm. Brand A/S is an essential strategy for enhancing shareholder value. Recently, the company announced it's executing a buyback program that amounts to DKK 835.2 million, emphasizing the management's commitment to returning capital to its shareholders and maintaining a robust capital structure.
Recent Transactions in the Buyback Program
During week number 22, which took place from May 26 to May 28, 2025, Alm. Brand A/S successfully conducted several transactions under this share buyback initiative. These transactions are consistent with the company's outlined objectives and comply with the legal frameworks established by the European Parliament and Council. The following details were reported:
Weekly Report of Share Purchases
In this period, the total number of shares acquired equaled 540,000. The average purchase price for shares during this week was noted at DKK 16.40, generating a total expenditure of DKK 8,854,200.
Cumulative Share Buyback Details
As of the end of week number 22, the cumulative share purchases amounted to 14,130,000 shares. The average price per share for these transactions was DKK 15.83, contributing to a total investment of DKK 221,623,200. Holding a diverse portfolio of shares, Alm. Brand A/S currently retains a total of 106,875,845 shares, representing 6.93% of the total outstanding shares.
Strategic Implications of the Buyback Program
The execution of this share buyback program indicates a positive outlook from the management regarding future earnings and company performance. Buybacks can serve to enhance the per-share metrics such as earnings per share (EPS), and by reducing the share count, existing investors may see increased value.
Investor Relations and Communication
For further inquiries regarding the announcement of the buyback program, the company encourages interested parties, especially investors and equity analysts, to reach out directly. Mads Thinggaard, Head of Investor Relations and ESG, is available for questions and discussions, with a mobile contact 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 excess cash to shareholders and potentially enhance share value through reduced share count.
How many shares did Alm. Brand A/S repurchase during the recent week?
During the recent week, Alm. Brand A/S repurchased a total of 540,000 shares.
What is the average purchase price for shares in the most recent transactions?
The average purchase price during the recent transactions was DKK 16.40.
What is the total number of shares Alm. Brand A/S holds post-buyback?
Alm. Brand A/S currently holds a total of 106,875,845 shares, which accounts for 6.93% of the total shares outstanding.
Who can investors contact for more information on the buyback program?
Investors can contact Mads Thinggaard, the Head of Investor Relations & ESG, for any queries related to the share buyback program.
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