ROCKWOOL A/S Enhances Value Through Strategic Share Buyback
ROCKWOOL A/S Initiates a Share Buy-Back Program
ROCKWOOL A/S is actively enhancing its commitment to shareholder value through a carefully structured share buy-back program. This initiative, officially announced in the early part of 2025, marks a strategic move by the company to buy B shares over the course of one year, from February 7, 2025, through February 5, 2026. The total investment earmarked for this venture is up to 150 million euros, showcasing ROCKWOOL's robust financial strategy and dedication to its investors.
Understanding the Share Buy-Back Program
This program is in compliance with the regulations set forth by the EU Commission regarding share repurchase strategies, specifically EU Regulation No. 596/2014 and the complementary Delegated Regulation No. 2016/1052. These regulations establish safe practices and provide a framework within which ROCKWOOL A/S can operate while purchasing its own shares, benefiting the company and its stakeholders.
Recent Transactions Under the Buy-Back Initiative
During the execution phase spanning from May 28 to June 3, 2025, ROCKWOOL A/S reported several transactions that reflect its ongoing commitment to the buy-back program. A total of 10,000 B shares were acquired on May 28 for an average price of 314.50 DKK. This transaction was followed by additional purchases where 16,000 shares were acquired on June 2 at an average price of 302.65 DKK, and 17,000 B shares on June 3 at an average price of 298.56 DKK.
Transaction Highlights
These transactions contributed significantly to the overall accumulation of shares, with the total number of B shares acquired rising to 1,204,500 under this buy-back program. The aggregated amount spent for these shares has reached approximately 343 million DKK, underscoring the company's proactive approach in managing its capital and shareholder interests.
Impact on Share Ownership
As of the latest transactions, ROCKWOOL A/S now retains a total of 1,651,356 B shares, which accounts for around 0.78% of its total share capital. This enhanced ownership structure is indicative of the company’s dedication to maintaining a solid financial foundation while promoting shareholder value.
Future Prospects and Strategy
The buy-back program is not just a financial maneuver but also a reflection of ROCKWOOL's overall strategy to solidify its position in the market. Investing in its shares demonstrates confidence in the company’s future prospects and an attempt to enhance stability amidst fluctuating market conditions. The ongoing commitment to buybacks could potentially serve to improve earnings per share (EPS), ultimately favoring its shareholders.
Contacting ROCKWOOL A/S for More Information
For additional details regarding the share buy-back program or other corporate inquiries, stakeholders can reach out to:
Kim Junge Andersen
Senior Vice President, CFO
ROCKWOOL A/S
+45 46 55 80 15
Frequently Asked Questions
What is the purpose of the share buy-back program by ROCKWOOL A/S?
The program aims to enhance shareholder value by repurchasing B shares, thereby reducing the number of shares in circulation and potentially increasing earnings per share.
How many B shares has ROCKWOOL A/S bought back so far?
As of the latest updates, ROCKWOOL A/S has bought back a total of 1,204,500 B shares as part of the ongoing buy-back initiative.
What regulations govern the share buy-back program?
The buy-back program is governed by the EU Commission Regulation No. 596/2014 and the Delegated Regulation No. 2016/1052, ensuring compliance and safe practices during the repurchase of shares.
How does this buy-back impact ROCKWOOL's stock value?
By reducing the supply of shares in the market, the buy-back program may help boost ROCKWOOL's share price and improve its earnings per share, benefiting existing shareholders.
Who can I contact for more information about the company?
Interested parties can contact Kim Junge Andersen, the Senior Vice President and CFO of ROCKWOOL A/S, at +45 46 55 80 15 for further information.
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