Pandora A/S Reports Significant Treasury Share Holdings
In an important development for investors and stakeholders, Pandora A/S has announced that it now owns a total of 3,953,553 treasury shares, nominally valued at DKK 1 each, surpassing 5% of its total share capital and voting rights. This ownership positions the company strategically in the market and showcases its robust financial health.
About Pandora A/S
Renowned as the world's largest jewelry brand, Pandora specializes in designing and marketing luxury jewelry that is both accessible and crafted from high-quality materials. The brand's mission is to inspire self-expression, allowing individuals to convey their personal stories and passions through unique jewelry pieces.
Global Presence and Sustainability Commitment
Pandora has a remarkable global footprint, with its products available in over 100 countries through 6,800 points of sale, which includes more than 2,700 concept stores. Headquartered in Copenhagen, Denmark, the company proudly employs 37,000 individuals worldwide. Notably, Pandora is dedicated to sustainability, ensuring that its jewelry is crafted exclusively from recycled silver and gold. The company has set ambitious targets to reduce greenhouse gas emissions across its entire value chain by 50% by 2030.
Financial Performance
In recent financial reports, Pandora revealed a staggering revenue of DKK 31.7 billion (approximately EUR 4.2 billion) for its latest fiscal year, solidifying its status as a strong player in the jewelry market. Investors have been keenly watching the company's initiatives and performance, particularly in light of its growing emphasis on sustainability and ethical sourcing.
Contact Information
For those interested in further details regarding Pandora A/S and its financial performance, investor relations contacts are available to provide insights. Key representatives include Bilal Aziz, SVP of Investor Relations & Treasury, and Adam Fuglsang, Director of Investor Relations, who can be reached through their respective phone numbers, +45 3137 9486 and +45 6167 7425.
Corporate communications inquiries can be directed to Johan Melchior, VP of Media Relations & Public Affairs, at +45 4060 1415.
Frequently Asked Questions
What is the significance of Pandora's treasury shares announcement?
This announcement highlights Pandora A/S's holding of over 5% of its share capital in treasury shares, which indicates strong market positioning and investor confidence.
Where is Pandora A/S headquartered?
Pandora A/S is headquartered in Copenhagen, Denmark, where it operates a significant portion of its business.
How does Pandora focus on sustainability?
Pandora is committed to sustainability by using only recycled silver and gold in its jewelry and aims to halve greenhouse gas emissions by 2030.
What was Pandora's revenue last year?
Pandora reported a revenue of DKK 31.7 billion (around EUR 4.2 billion) during its most recent fiscal year.
Who can I contact for more Investor Relations information?
For Investor Relations inquiries, you can reach Bilal Aziz at +45 3137 9486 or Adam Fuglsang at +45 6167 7425.
