ROCKWOOL A/S Highlights from Recent Share Buy-Back Actions

ROCKWOOL A/S Initiates Share Buy-Back Programme
In an exciting step for its shareholders, ROCKWOOL A/S has launched a share buy-back programme, demonstrating its commitment to enhancing shareholder value. This initiative, effective from early February 2025, outlines a plan to buy back shares with a budget of up to 150 million euros over a year.
Understanding the Buy-Back Mechanism
The share buy-back process is regulated by significant EU guidelines designed to ensure transparency and fair practices. Specifically, the programme complies with the EU Commission Regulation No 596/2014 and Delegated Regulation No 2016/1052, which together form the framework of the "Safe Harbour" regulation. This provides a safety net for companies undertaking such transactions, safeguarding investors' interests.
Period of the Buy-Back Programme
This programme commenced on 7 February 2025 and is set to continue until 5 February 2026. During this period, the company will strategically repurchase its shares, demonstrating confidence in its financial health and future growth prospects.
Recent Transactions Overview
Between the 5th and 11th of March 2025, a series of transactions were executed under this programme. Collectively, these transactions showcase a proactive effort from ROCKWOOL to manage its share capital effectively. Here's a snapshot of these activities:
- As of 5 March 2025, ROCKWOOL had accumulated 32,800 B shares at a total value of 90,949,022 DKK.
- On 5 March, the company purchased 500 B shares at an average price of 2,961.92 DKK, amounting to 1,480,960 DKK.
- On subsequent days, further purchases were made, with notable transactions including 750 B shares on 6 March and 800 B shares on both 10 and 11 March, reflecting varying average prices.
Total Shares Owned
Following these transactions, ROCKWOOL A/S now holds a total of 553,363 B shares, which accounts for 2.56% of the company’s overall capital. This ownership stake not only signifies a strong commitment to enhancing shareholder funds but also reinforces trust in the company's long-term strategy.
Future Implications for Shareholders
The ongoing buy-back programme is an indication of ROCKWOOL's robust operational performance and strategic vision. By investing in its own shares, the company is signaling its intrinsic value and potential for growth. This approach can often lead to an increase in share price as the supply of available shares decreases, benefiting existing shareholders.
Further Information and Contacts
For inquiries about the buy-back programme or further financial details, you can reach out to:
Kim Junge Andersen
Senior Vice President, CFO
ROCKWOOL A/S
+45 46 55 80 15
Frequently Asked Questions
What is the total budget for the share buy-back programme?
The total budget allocated for the buy-back programme is up to 150 million euros.
How long will the buy-back programme last?
The programme will run from 7 February 2025 until 5 February 2026.
How many B shares does ROCKWOOL A/S currently own?
ROCKWOOL A/S currently owns 553,363 B shares, which constitutes 2.56% of the company’s total share capital.
What are the average purchase prices of the shares acquired?
The shares were acquired at various average prices, with the latest being around 3,114.94 DKK for some transactions.
Who can I contact for more information about the buy-back programme?
You can contact Kim Junge Andersen, Senior Vice President and CFO of ROCKWOOL A/S, for more details.
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