RTX Announces Share Buy-Back Programme Highlights
Share Buy-Back Programme Overview
The Board of Directors of RTX has resolved to commence a share buy-back initiative, as communicated in their recent announcement. This action adheres to the stipulations within Article 5 Regulation (EU) No. 596/2014 of the European Parliament and the Commission’s delegated Regulation (EU) 2016/1052, commonly recognized as the "Safe Harbor" regulation.
Investment Amount and Duration
Under the terms of this programme, RTX plans to repurchase shares totaling up to DKK 20 million. The buy-back operation will take place from a designated start date through to the end of September of the following year.
Recent Transactions Summary
Below is a summary of transactions conducted as part of the share buy-back programme, detailing the shares bought back during the specified period:
Transaction Details
Here are the notable transactions made within the programme:
- RTX shares prior to initiation of the programme: 258,528 shares
- Accumulated share in the programme (latest announcement): 224,234 shares with a total transaction value of DKK 19,500,183
- Recent activity:
- On August 8, 2024: 700 shares at an average purchase price of 75.89, total value DKK 53,123
- On August 9, 2024: 800 shares at an average purchase price of 76.09, total value DKK 60,872
- On August 12, 2024: 700 shares at an average purchase price of 76.00, total value DKK 53,200
- On August 13, 2024: 800 shares at an average purchase price of 74.05, total value DKK 59,240
- On August 14, 2024: 1,000 shares at an average purchase price of 77.35, total value DKK 77,350
- On August 15, 2024: 600 shares at an average purchase price of 78.35, total value DKK 47,010
- On August 16, 2024: 500 shares at an average purchase price of 79.82, total value DKK 39,910
- Total accumulated under the programme: 229,334 shares at an average price of 86.73, total transaction value of DKK 19,890,888
Regulatory Compliance
In line with Regulation (EU) No. 596/2014, all transactions under the share buy-back programme are documented in detail within an attached appendix accompanying this announcement.
Contact Information
For enquiries and further information:
CEO Peter Røpke
Telephone: +45 96 32 23 00
Frequently Asked Questions
1. What is the purpose of the RTX share buy-back programme?
The RTX share buy-back programme aims to enhance shareholder value by repurchasing shares as per regulatory frameworks.
2. How much is RTX planning to spend on the share buy-back?
RTX intends to spend up to DKK 20 million on the share buy-back programme.
3. Over what period will the share buy-back occur?
The buy-back programme will run from the beginning of December to the end of September the following year.
4. Can you provide details on the recent transactions?
Recent transactions have involved the purchase of over 700 to 1,000 shares on various dates at an average price ranging from 74.05 to 79.82 DKK.
5. Who can I contact for more information?
You can reach out to CEO Peter Røpke at +45 96 32 23 00 for any inquiries regarding the programme.
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