ROCKWOOL A/S Share Buy-Back Programme Update
Company Announcement for ROCKWOOL A/S, Release No. 03 – 2025 to Nasdaq Copenhagen.
ROCKWOOL A/S recently reported its ongoing share buy-back programme, initially communicated in announcement no. 02/2024. This strategic initiative commenced on 8 February 2024, and is set to continue until 7 February 2025, during which the company aims to repurchase shares valued at up to 160 million EUR.
Understanding the Share Buy-Back Process
This promise to buy back shares underscores ROCKWOOL A/S's commitment to enhance shareholder value. The buy-back programme adheres to the regulations laid out in the EU Commission Regulation No 596/2014 and Delegated Regulation No 2016/1052. This framework ensures that transactions are conducted transparently and securely, providing a “Safe Harbour” for the company.
Recent Transactions Overview
From 3 to 7 January 2025, several transactions carried out under this buy-back scheme brought the total B shares owned by the company to 434,700. Each transaction is recorded meticulously to maintain transparency and track the programme's progress.
Details of the Latest Share Acquisitions
During the noted review period, the following transactions were executed:
- 3 January 2025: Acquired 1,700 B shares at an average price of 2,508.50 DKK.
- 6 January 2025: Acquired 1,800 B shares at an average price of 2,502.46 DKK.
- 7 January 2025: Acquired 2,500 B shares at an average price of 2,499.28 DKK.
The overall transactions recorded from this five-day period collectively resulted in a significant investment furthering the company’s strategic objectives.
Current Shareholding Status
With the transactions noted above, ROCKWOOL A/S now controls a total of 488,583 B shares. This number accounts for approximately 2.26 percent of the company's total share capital. The culmination of these buy-back efforts illustrates a strong commitment to creating value for its shareholders.
For any inquiries or detailed information regarding the transactions and the buy-back programme, interested parties are encouraged to get in touch directly.
Contact Information
Kim Junge Andersen
Senior Vice President, CFO
ROCKWOOL A/S
Contact: +45 46 55 80 15
Frequently Asked Questions
What is the purpose of ROCKWOOL A/S's share buy-back programme?
The share buy-back programme is aimed to enhance shareholder returns by repurchasing outstanding shares.
When will the share buy-back programme conclude?
The programme is set to run from 8 February 2024 until 7 February 2025.
How many B shares does ROCKWOOL A/S currently own?
As of the most recent updates, ROCKWOOL A/S owns 488,583 B shares.
What regulatory framework supports the share buy-back?
The buy-back operates under EU Commission Regulations, ensuring compliant and transparent transactions.
Who can I contact for more information about the transactions?
For inquiries, reach out to Kim Junge Andersen, the Senior Vice President and CFO, via the provided contact number.
