ROCKWOOL A/S Announces Share Buy-Back Program Details
Welcome to an insightful overview of ROCKWOOL A/S, where we delve into the company’s latest announcement regarding their share buy-back program. This initiative marks an important financial strategy that will have implications for both the company and its investors.
Share Buy-Back Program Overview
ROCKWOOL A/S has officially launched a share buy-back program, as articulated in their company announcement. This program commenced on 7 February 2025 and will extend until 5 February 2026. The company plans to buy back its own shares for a total of up to 150 million EUR. This strategy is expected to enhance shareholders' equity and improve the overall market perception of the company.
Regulatory Compliance
In implementing the buy-back program, ROCKWOOL A/S adheres to the EU Commission Regulation No 596/2014 and the EU Commission Delegated Regulation No 2016/1052, which collectively establish a “Safe Harbour” regulation. This adherence ensures that the company's buy-back activities are conducted in a compliant and transparent manner, securing the trust of its shareholders.
Recent Transactions Highlight
During the week of 20 to 26 August 2025, several notable transactions occurred under this program. These transactions involved purchasing B shares, and the cumulative figures reveal significant activity, which is vital for investors to understand the effectiveness and execution of the buy-back strategy.
Detailed Transaction Data
From the latest reports, we see that up until 20 August 2025, a total of 2,178,500 shares had been acquired. Individual days showcased varying volumes of share purchases at different average prices:
- 20 August 2025: 30,000 shares at an average price of 256.05 DKK, totaling 7,681,500 DKK.
- 21 August 2025: 30,000 shares at a price of 245.22 DKK, accumulating to 7,356,600 DKK.
- 22 August 2025: 30,000 shares with an average price of 247.93 DKK, amounting to 7,437,900 DKK.
- 25 August 2025: 30,000 shares at 246.90 DKK, equating to 7,407,000 DKK.
- 26 August 2025: 32,000 shares at an average price of 242.69 DKK, totaling 7,766,080 DKK.
Following these transactions, the company has now acquired a total of 2,330,500 shares under this buy-back program, amounting to an aggregate of 661,881,746 DKK thus far.
Impact on Share Capital
As a result of these purchases, ROCKWOOL A/S now holds a total of 2,777,356 B shares, which represents 1.31 percent of the total share capital of the company. This enhanced ownership not only underscores the company's commitment to returning value to shareholders but also reflects on its confidence in long-term growth.
Further Clarifications and Contact Information
For those seeking additional details about these transactions or the buy-back program in general, the company encourages shareholders and interested parties to reach out. Kim Junge Andersen, Senior Vice President and CFO, is available for any inquiries. He can be contacted at +45 46 55 80 15.
Frequently Asked Questions
What is the purpose of ROCKWOOL A/S's share buy-back program?
The share buy-back program aims to enhance shareholder value by reducing the number of outstanding shares and improving earnings per share.
How much has ROCKWOOL A/S allocated for the buy-back?
The company has allocated up to 150 million EUR for the share buy-back initiative.
When does the buy-back program run?
The buy-back program runs from 7 February 2025 to 5 February 2026.
What percentage of shares does ROCKWOOL A/S currently own?
Currently, ROCKWOOL A/S owns 1.31 percent of its total share capital.
Who can I contact for more information about the buy-back program?
For further queries, please contact Kim Junge Andersen, the CFO, at +45 46 55 80 15.
