ROCKWOOL A/S Announces Share Buy-Back Transactions
![ROCKWOOL A/S Announces Share Buy-Back Transactions](https://investorshangout.com/images/blog/investors-hangout-newswire.jpg)
ROCKWOOL A/S – Transactions in Share Buy-Back Programme
Company announcement for ROCKWOOL A/S
Release no. 45 – 2024 to Nasdaq Copenhagen
ROCKWOOL A/S has initiated a share buy-back programme which will run until February 7, 2025. During this period, the Company intends to buy its own shares for up to a maximum of 160 MEUR.
The programme is implemented in accordance with EU Commission Regulation No 596/2014 and EU Commission Delegated Regulation No 2016/1052, which constitute the “Safe Harbour” regulation.
The following transactions have been executed during a recent period:
Transaction Overview:
Summary of Recent Transactions
Accumulated transactions as last reported were at 269,800 B shares. Below is a summary of the shares purchased:
- 14 August 2024: 1,700 B shares at an average price of 2,756.84 DKK
- 15 August 2024: 1,600 B shares at an average price of 2,779.46 DKK
- 16 August 2024: 1,600 B shares at an average price of 2,812.40 DKK
- 19 August 2024: 1,600 B shares at an average price of 2,814.63 DKK
- 20 August 2024: 1,900 B shares at an average price of 2,773.41 DKK
Total Accumulation
With the transactions stated above, ROCKWOOL A/S owns 332,083 B shares corresponding to 1.54 percent of the Company’s total share capital.
For further information, please contact:
Kim Junge Andersen
Senior Vice President, CFO
ROCKWOOL A/S
+45 46 55 80 15
Frequently Asked Questions
What is the purpose of the share buy-back programme?
The share buy-back programme is intended to enhance shareholder value by reducing the number of shares in circulation.
How much is ROCKWOOL intending to spend on shares?
ROCKWOOL plans to spend up to a maximum of 160 MEUR on the share buy-back programme.
When does the share buy-back programme end?
The programme is scheduled to end on February 7, 2025.
What percentage of shares does ROCKWOOL currently own?
ROCKWOOL A/S currently owns 1.54 percent of its total share capital through the buy-back programme.
Who should be contacted for more information about the transactions?
For detailed inquiries, Kim Junge Andersen, Senior Vice President and CFO, is the contact person for more information.
About Investors Hangout
Investors Hangout is a leading online stock forum for financial discussion and learning, offering a wide range of free tools and resources. It draws in traders of all levels, who exchange market knowledge, investigate trading tactics, and keep an eye on industry developments in real time. Featuring financial articles, stock message boards, quotes, charts, company profiles, and live news updates. Through cooperative learning and a wealth of informational resources, it helps users from novices creating their first portfolios to experts honing their techniques. Join Investors Hangout today: https://investorshangout.com/