Understanding Alm. Brand A/S Share Buyback Program Details
Alm. Brand A/S Share Buyback Program Overview
Alm. Brand A/S has initiated a comprehensive share buyback program aimed at returning value to its shareholders. This proactive financial strategy reflects the company's commitment to enhancing shareholder value and demonstrates confidence in its growth potential.
Recent Transactions Details
In the recent week, significant transactions took place under the buyback scheme. The program now totals up to DKK 835.2 million, thereby reinforcing Alm. Brand A/S's dedication to its shareholders. The transactions conducted in week number 35 include several notable purchases.
Weekly Transaction Summary
The following are details of the shares purchased during the specified week:
Accumulated Shares Prior to Transactions: 23,675,000 shares were previously reported, purchased at an average price of 16.36 DKK. These transactions amounted to 387,330,750 DKK.
During the week of August 25 to August 29, a total of 790,000 shares were acquired, distributed across five days. Below is a breakdown of the transactions:
- **August 25, 2025**: 150,000 shares at 18.54 DKK each, totaling 2,781,000 DKK.
- **August 26, 2025**: 150,000 shares at 18.59 DKK each, totaling 2,788,500 DKK.
- **August 27, 2025**: 150,000 shares at 18.28 DKK each, totaling 2,742,000 DKK.
- **August 28, 2025**: 170,000 shares at 17.91 DKK each, totaling 3,044,700 DKK.
- **August 29, 2025**: 170,000 shares at 17.89 DKK each, totaling 3,041,300 DKK.
Total Performance for the Week
In total, during week 35, the company bought back 790,000 shares. The average purchase price was recorded at 18.22 DKK, summing up to approximately 14,397,500 DKK for the week alone. The cumulative shares purchased under the buyback program now stand at 24,465,000 shares, with an average price of 16.42 DKK, amounting to an aggregate of 401,728,250 DKK.
Current Holdings and Share Distribution
With these transactions, Alm. Brand A/S now holds a total of 28,710,696 own shares. This figure accounts for approximately 1.98% of the total outstanding shares, showcasing a significant presence within its shareholder base.
Company Contact Information
For any inquiries regarding the share buyback program or related financial strategies, please reach out to:
Mads Thinggaard
Head of Investor Relations & ESG
Mobile: +45 2025 5469
Frequently Asked Questions
What is the purpose of the share buyback program by Alm. Brand A/S?
The buyback program aims to return value to shareholders and reflects the company's confidence in its performance.
How many shares has Alm. Brand A/S repurchased recently?
Recently, the company repurchased a total of 790,000 shares during the last reporting week.
What was the average purchase price for these shares?
The average purchase price for the shares repurchased was 18.22 DKK.
How many total shares are held by Alm. Brand A/S now?
Alm. Brand A/S currently holds a total of 28,710,696 own shares, correlating to approximately 1.98% of all outstanding shares.
Who can we contact for more information about the buyback program?
Inquiries can be directed to Mads Thinggaard, Head of Investor Relations & ESG, at +45 2025 5469.
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