Ossur Hf : Transactions in relation to share buyback

New Post Public Reply Private Reply Replies (0) Message Board
News Desk 2018
488
Ossur Hf : Transactions in relation to share buyback program

Announcement from Össur hf. No. 41/2017 Reykjavík, 29 May 2017

On 1 December 2016, Össur hf. initiated a new share buy-back program, see Company announcement no. 96/2016.

The purpose of the share buyback program is to reduce the Company's share capital and adjust the capital structure by distributing capital to shareholders in line with the Company's Capital Structure and Dividend Policy. The program will end no later than 30 November 2017. The Company may purchase up to 5,000,000 shares under the program, corresponding to 1.2% of the current share capital. The total consideration for shares purchased under the program shall not exceed USD 10 million (approx. DKK 70 million).

The following transactions have been made under the program in week 26, the period 22 May 2017 - 26 May 2017: 

Date No. of shares Avg. purchase price DKK Transaction Value DKK
22 May 2017 9,199 28.27 260,034
23 May 2017 25,000 29.53 738,200
24 May 2017 10,000 30.10 301,020
25 May 2017 - - -
26 May 2017 - - -
Total   44,199 29.40 1,299,254

Össur has acquired 851,242 shares under the program at the average price of DKK 26.03 Following the above transactions Össur's holding of own shares is 6,952,717 corresponding to 1.59% of the Company's total share capital.

The share buyback program on Nasdaq Copenhagen is carried out in accordance with Regulation No. 596/2014 of the European Parliament and of the Council on market abuse ("MAR"), and the Commission delegated regulation No. 2016/1052.

Contact persons:

Jón Sigurðsson, President & CEO                                       Tel: +354 515 1300

Sveinn Sölvason, CFO                                                       Tel: +354 515 1300

Össur press releases by e-mail

If you wish to receive Össur press releases by e-mail please register at the following web-site: http://www.ossur.com/investormailings

About Össur Össur (NASDAQ: OSSR) is a global leader in non-invasive orthopedics that help people live a life without limitations. Its business is focused on improving people's mobility through the delivery of innovative technologies within the fields of braces, supports and prosthetic limbs. A recognized "Technology Pioneer", Össur invests significantly in research and product development; its award-winning designs ensuring a consistently strong position in the market.  Successful patient and clinical outcomes are further empowered via Össur's educational programs and business solutions.  Headquartered in Iceland, Össur has major operations in the Americas, Europe and Asia, with additional distributors worldwide. www.ossur.com

Forward-Looking Statement This press release includes "forward-looking statements" which involve risks and uncertainties that could cause actual results to differ materially from results expressed or implied by these statements. Össur hf. undertakes no obligation and does not intend to update these forward-looking statements to reflect events or circumstances occurring after this press release. You are cautioned not to place undue reliance on these forward-looking statements, which speak only as of the date of this press release. All forward-looking statements are qualified in their entirety by this cautionary statement.

Attachments:

http://www.globenewswire.com/NewsRoom/Attachm...d01d852b7d

Scroll down for more posts ▼

Top 10 Most Recent News Articles

Data Centers: More Power-Hungry Than Thirsty

Updated Category News Views 134

Data Centers: Not Quite the Water Guzzlers We Feared Hold onto your hats, because the latest intel on data centers is changing the game, or at least forcing a closer look at what seems like a done deal. The big reveal? It's not the water, folks—it’s the juice. While everyone frets about water, electricity is the silent giant you’ve got to wrangle. Water vs....

Continue Reading
Fitness Career Platform's Big Ramp Up Sparks Buzz

Updated Category News Views 116

ISSA Career Connect Gains Industry Recognition In a world where finding that first job post-certification can be as brutal as a spin class in August, ISSA Career Connect seems to be offering a bit of a lifeline. This platform, already making some serious noise in the fitness industry, has just snagged a place as a finalist for App of the Year at the 2026 Beyond Activ...

Continue Reading
Shorr Packaging's Sustainable Edge: EcoVadis Silver Triumph

Updated Category News Views 119

EcoVadis Silver Badge: Shorr's Green Path Imagine this: Shorr Packaging strutting around with an EcoVadis Silver Badge pinned to its chest for not one, not two, but three years now. That's right, Shorr Packaging's been elbowing its way to the top tier with their sustainability drive, ranked in the 93rd percentile. For those not keeping score, that's top-notch, considering...

Continue Reading
Monotype's Inkwell: A Type Family with New Twists

Updated Category News Views 72

Fresh Faces in the World of Type Out of the design trenches comes news that Monotype—the big cheese in type and tech—just rolled out four new styles in its well-liked Inkwell lineup. We're talking Inkwell Antique, Formal, Chancery, and Ornaments here. The idea? Give designers more room to play with tone. Let's chew on what this expansion means for folks rocking...

Continue Reading
WeFetch AI: A New Era in Barcode Precision

Updated Category News Views 80

WeFetch AI: What's in a Name? Forget about GreenCore Solutions Corp. We're talking about WeFetch AI Corp. now. They've just changed their name, fulfilling a bureaucratic tick as of November 13, 2026. But it ain't just a name change; it's a whole new ballgame in AI-driven commerce. AI Shopping Without the Guesswork We've all been there. You think you've ordered that...

Continue Reading
Biointron's RushDATA™: Speeding Up Antibody Discovery

Updated Category News Views 150

A New Chapter in Antibody Discovery Well, color me intrigued. Biointron, a name you'd recognize if you've got even a toe in the biotech pond, just threw a serious curveball into the antibody discovery game with RushDATA™—an AI- and machine learning-driven platform that's packing a punch. And it's not just about throwing tech buzzwords around; this thing clocks...

Continue Reading
Innovative Rotating Kitchen Organizer Up for Licensing

Updated Category News Views 76

Dusting Off the Corners: A Fresh Spin on Kitchen Storage Just when you think there's nothing new under the sun when it comes to storing your kitchen gadgets, here comes an invention straight out of Billings, Montana. It's called The Rotating Kitchen Organizer, a nifty contraption that's all set to turn those dead corners into prime real estate. How many times have we...

Continue Reading
Greenberg Traurig's Brad Kaufman: A Mentor of Resolute Impact

Updated Category News Views 178

A Milestone for Mentorship at Greenberg Traurig In the often cutthroat jungle of law, finding someone who actually gives a damn about you is as rare as finding a unicorn. Yet, there it is—Brad Kaufman, at the helm of Greenberg Traurig's professional development, proving that mentorship can be more than just a checkbox on a quarterly review. Award for Exceptional...

Continue Reading
Business Boom in 2026: Key Regions to Watch Now

Updated Category News Views 114

Business Formations Break Records in 2026 I'm telling you, the entrepreneurial spirit is alive and kicking across the States this year. The latest numbers from Registered Agents Inc are clear as day: business is bustling. We're looking at 576,818 new business setups nationwide just in October 2026. That's outpacing the previous year by a whopping 8%. And if that doesn't...

Continue Reading
$10,000 Boost Fuels Nichols College's Archaeological Quest

Updated Category News Views 155

Webster First's Generous Contribution It's not every day you see a credit union digging into history—literally. Webster First Federal Credit Union just dropped ten grand to fuel Nichols College's archaeological adventures. This isn't some trivial check to post on Instagram. No, we're talking about funding some serious ground-penetrating radar (GPR) gadgetry that's set...

Continue Reading

Top 5 Most Recently Viewed Articles

Diane Nussbaum Celebrated as Pinnacle Professional Leader

Updated Category News Views 241

Diane Nussbaum Recognized for Excellence in Culinary Arts The Inner Circle proudly acknowledges Diane Nussbaum as a distinguished member in the ranks of Pinnacle Professionals. Her recent recognition underscores her invaluable contributions to the culinary world, especially in pastry arts and community engagement. Celebrating Achievements in Pastry Diane Nussbaum's career...

Continue Reading
Innovative Immunotherapy Approach Targeting Gastric Cancer Unveiled

Updated Category News Views 64

New Insights into Immunotherapy for Gastric Cancer ImmPACT Bio, a pioneering clinical-stage biopharmaceutical company, is making significant strides in cancer treatment with its innovative IMPT-601 therapy. This groundbreaking approach focuses on Claudin18.2 and TGF-? bispecific CAR T-cell therapy, aiming to redefine how we tackle gastric cancer. Understanding IMPT-601...

Continue Reading
ASML Holding's P/E Ratio Analysis: Understanding its Value

Updated Category News Views 322

Insights into ASML Holding's P/E Ratio In today's market, the share price of ASML Holding Inc. (NASDAQ: ASML) stands at $987.03, reflecting a rise of 2.12%. Although the stock experienced a decline of 6.22% over the last month, it has seen a significant surge of 46.89% over the past year. Investors might wonder about the stock's valuation, especially in light of the...

Continue Reading
Recent Insider Sales Raise Questions for Tetra Tech Stakeholders

Updated Category News Views 67

Recent Insider Activity at Tetra Tech Kirsten M Volpi, a notable Board Member at Tetra Tech (NASDAQ: TTEK), recently made headlines with an insider sale. She sold 1,950 shares, which totaled around $89,700. This transaction was reported in a Form 4 filing with the SEC, sparking interest among investors keen on such activities. Understanding Insider Transactions Insider...

Continue Reading
Cabaletta Bio's Short Interest Surge: What Investors Need to Know

Updated Category News Views 112

Understanding Cabaletta Bio's Recent Short Interest Trends Cabaletta Bio has seen a noticeable increase in its short percent of float, rising by a significant 38.24% since the previous report. Currently, the company has reported that there are a staggering 6.22 million shares sold short, which represents about 13.16% of all regular shares available for trading. This high...

Continue Reading