Netcompany's Share Buyback Program Overview
On a recent announcement, Netcompany Group A/S is engaged in a significant share buyback program intended to enhance its capital structure while fulfilling obligations related to share-based incentive plans. The company has initiated this buyback with a commitment to repurchase shares worth up to DKK 500 million and a target of acquiring a maximum of 3,700,000 shares.
Regulatory Compliance and Execution Strategy
This buyback program adheres to several regulations, including the EU Market Abuse Regulation and the Safe Harbour Regulation. These frameworks ensure that the program is conducted transparently and efficiently, safeguarding both the company and its investors. The duration of this initiative extends until January 30, 2026, thereby allowing for strategic execution over a considerable period.
Weekly Transaction Announcements
To keep stakeholders informed, all transactions stemming from this buyback program will be reported weekly through Nasdaq Copenhagen. This transparency ensures that investors are aware of the evolving dynamics of the company's share structure and can make informed decisions.
Recent Transactions Under the Share Buyback Program
From September 29 to October 3, 2025, a series of notable transactions were executed, detailing the commitment and strategic approach of Netcompany towards its share buyback program. Here are the highlighted transactions:
- Date: September 29, 2025 - Shares Bought: 17,500, Average Price: DKK 240.42, Value: DKK 4,207,350
- Date: September 30, 2025 - Shares Bought: 18,000, Average Price: DKK 237.60, Value: DKK 4,276,800
- Date: October 1, 2025 - Shares Bought: 18,500, Average Price: DKK 244.52, Value: DKK 4,523,620
- Date: October 2, 2025 - Shares Bought: 17,000, Average Price: DKK 256.83, Value: DKK 4,366,110
- Date: October 3, 2025 - Shares Bought: 17,000, Average Price: DKK 269.74, Value: DKK 4,585,580
These transactions underscore a total acquisition of 88,000 shares over the stated period, with an accumulated transaction value of DKK 21,959,460.
Total Share Acquisition Summary
To date, under this buyback initiative, Netcompany has successfully accumulated 692,896 shares, reflecting a substantial commitment to enhancing shareholder value. As a result, the company now holds a total of 1,053,010 treasury shares, constituting around 2.2% of its entire share capital.
Contact Information for Inquiries
For further details about the share buyback program or any related inquiries, interested parties may contact:
Netcompany Group A/S
Thomas Johansen, CFO, +45 51 19 32 24
Frederikke Linde, Head of IR, +45 60 62 60 87
Frequently Asked Questions
What is the goal of Netcompany's share buyback program?
The primary objective is to adjust the capital structure and meet obligations associated with share-based incentives.
How much capital is allocated for this buyback initiative?
Netcompany has allocated up to DKK 500 million for its share buyback activities.
What is the duration of the share buyback program?
The program is expected to continue until January 30, 2026.
How often will transaction details be reported?
Transactions will be announced weekly via Nasdaq Copenhagen to ensure transparency.
How many shares does Netcompany aim to repurchase?
The company aims to repurchase a maximum of 3,700,000 shares through this initiative.
