Insights into Alm. Brand A/S Share Buyback Activities

Author: Hannah Lewis Updated: 03-17-2025 04:45 AM

Alm. Brand A/S Share Buyback Program Overview

Alm. Brand A/S has undertaken a significant share buyback program aimed at optimizing its capital structure. Through a structured process, the company's investments reflect a commitment to enhancing shareholder value.

Details of Recent Transactions

Recently, Alm. Brand A/S engaged in a series of transactions from early March, revealing their strategy for the buyback initiative. The program, having an upper limit of DKK 835.2 million as per the company's announcement, is in alignment with European regulations designed to support transparency and efficiency in market activities.

Transaction Summary

During the eleventh week of the year, several notable transactions occurred under this buyback program. Here’s a quick summary of the transactions within that period:

March 10, 2025: Purchased 220,000 shares at an average price of 16.24 DKK.
March 11, 2025: Acquired another 220,000 shares for an average of 16.20 DKK.
March 12, 2025: The company bought 210,000 shares at 16.28 DKK each.
March 13, 2025: A total of 190,000 shares were bought at an average price of 16.66 DKK.
March 14, 2025: Finalized 190,000 shares at 16.71 DKK.

In total, Alm. Brand A/S purchased 1,030,000 shares during this week, with an average purchase price of 16.40 DKK, embodying a substantial investment of approximately 16,895,900 DKK.

Total Accumulated Shares

Following these transactions, Alm. Brand A/S has accumulated a total of 1,770,000 shares under the buyback program. This accounts for about 6.18% of the company's total number of outstanding shares, a strategic move signaling confidence in the company's future performance.

Company Commitment and Future Plans

Alm. Brand A/S is not only focusing on enhancing shareholder wealth through buybacks but also remains dedicated to long-term sustainability and growth. The company’s leadership continues to evaluate market conditions to inform future buyback decisions, showcasing a balance between immediate shareholder returns and sustainable business practices.

Corporate Communication

For any inquiries related to the share buyback program or other investor relations matters, stakeholders and interested parties can reach out to:

Head of IR, Rating, and ESG Reporting
Mads Thinggaard
Mobile No. +45 2025 5469

Frequently Asked Questions

What is the purpose of Alm. Brand A/S's share buyback program?

The share buyback program aims to return value to shareholders by reducing the number of outstanding shares, which can potentially increase the share price.

How much has Alm. Brand A/S spent on the buyback program?

Alm. Brand A/S announced a buyback program with a maximum limit of DKK 835.2 million.

How many shares did Alm. Brand A/S buy during the last week reported?

During the last reporting week, Alm. Brand A/S purchased a total of 1,030,000 shares.

What percentage of outstanding shares do the buybacks represent?

The buybacks represent approximately 6.18% of the total outstanding shares of Alm. Brand A/S.

Who can I contact for more information on the share buyback program?

Interested parties can contact Mads Thinggaard, Head of IR, for specific inquiries regarding the program.

About The Author

Hi there, I'm Hannah Lewis, a writer and financial specialist of 36 years old committed to making money understandable and approachable to everyone. Years of working in the field have given me a thorough grasp of market trends, investment techniques, and economic fundamentals. My objective is to enable people, by means of understandable, useful guidance, to take charge of their financial destiny.

I have written many articles for financial blogs over my career that simplify difficult financial ideas into understandable insights. Being financially literate is a critical ability, and I am passionate about enabling people to confidently manage their financial lives. Regardless of your level of experience, my work will help you at every stage of the investment process. I appreciate being allowed to share in your success and financial expansion.

Contact Hannah Lewis privately here. Or send an email with ATTN: Hannah Lewis as the subject to contact@investorshangout.com.

About Investors Hangout

Investors Hangout is a leading online stock forum for financial discussion and learning, offering a wide range of free tools and resources. It draws in traders of all levels, who exchange market knowledge, investigate trading tactics, and keep an eye on industry developments in real time. Featuring financial articles, stock message boards, quotes, charts, company profiles, and live news updates. Through cooperative learning and a wealth of informational resources, it helps users from novices creating their first portfolios to experts honing their techniques. Join Investors Hangout today: https://investorshangout.com/

The content of this article is based on factual, publicly available information and does not represent legal, financial, or investment advice. Investors Hangout does not offer financial advice, and the author is not a licensed financial advisor. Consult a qualified advisor before making any financial or investment decisions based on this article. This article should not be considered advice to purchase, sell, or hold any securities or other investments. If any of the material provided here is inaccurate, please contact us for corrections.