ROCKWOOL A/S Expands Share Buy-Back Programme Activities
ROCKWOOL A/S Expands Share Buy-Back Programme Activities
ROCKWOOL A/S has embarked on an engaging journey to enhance shareholder value through its share buy-back programme. This initiative began earlier in the year and is aimed at buying back shares worth up to 150 million EUR, scheduled to run over several months.
The statement regarding these movements was elaborated in the previous communication released by the company and has generated considerable interest in the investment community. From 7 February 2025, and continuing until the designated end date, this strategically planned programme allows the company to buy back its shares, demonstrating commitment to its investors.
Understanding the Buy-Back Programme
The share buy-back operation falls under the guidelines set forth by key EU regulations aimed at ensuring market integrity and investor protection. Specifically, it adheres to EU Commission Regulation No 596/2014 and EU Commission Delegated Regulation No 2016/1052, designed to create a regulatory framework that supports such corporate financial maneuvers.
This initiative not only reflects the company’s strong financial standing but also serves as a strategic tool to manage share capital effectively. The buy-back scheme is a testament to the management's confidence in the company’s future and its operational stability.
Recent Transactions Overview
Recently, ROCKWOOL A/S reported significant transactions conducted between 30 July and 5 August. The activity during this week marked an essential phase in their ongoing programme. The table featuring these transactions showcases various aspects such as dates, the number of shares acquired, average purchase prices, and total amounts spent on these shares.
Here’s a brief snapshot of the noteworthy transactions: During this reporting period, the company purchased a total of 88,000 B shares. The details of these transactions indicated a mix of share lots acquired on various dates, each reflecting the market conditions and strategic financial planning done by the company. The aggregate amount spent reached over 24 million DKK during this timeline.
Summary of Acquisitions
The accumulated totals have placed ROCKWOOL A/S in ownership of 2,463,356 B shares, amounting to 1.16% of the total share capital. The recent transactions reflected a mix of purchase prices starting around 274 DKK to 290 DKK per share, showing a range that aligns with market variations.
Implications for Shareholders
For shareholders and potential investors, ROCKWOOL A/S's actions signal a proactive approach in optimizing its financial structure. As the company continues to buy back its shares, existing shareholders can expect potential benefits including increased ownership percentages and possible future increases in share value due to the reduced number of shares available in the market.
These moves further enhance shareholders' trust as they manifest the strong commitment with which the company approaches its capital management. Moreover, the clarity and transparency with which ROCKWOOL A/S communicates these strategies reinforce its dedication to fostering good investor relations.
Contact for More Information
If you require further details about the transactions and the ongoing share buy-back programme, feel free to reach out to:
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 by ROCKWOOL A/S?
The programme aims to enhance shareholder value and manage share capital effectively by buying back shares worth up to 150 million EUR.
What are the recent transactions conducted under this programme?
Between 30 July and 5 August, ROCKWOOL A/S acquired a total of 88,000 shares, reflecting market conditions and financial strategy.
How many shares does ROCKWOOL A/S own currently?
As of now, the company owns 2,463,356 B shares, which is approximately 1.16% of the total share capital.
What regulations does the buy-back programme adhere to?
The programme adheres to EU Commission Regulation No 596/2014 and EU Commission Delegated Regulation No 2016/1052, ensuring it aligns with legal standards.
Who can I contact for more information on these transactions?
You can contact Kim Junge Andersen, Senior Vice President and CFO, at ROCKWOOL A/S for further inquiries.
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