Share Buy-Back Programme Overview
The Board of Directors at RTX has decided to initiate a share buy-back programme, as detailed in their recent announcement. This initiative complies with the provisions outlined in Article 5 of Regulation (EU) No. 596/2014 from the European Parliament, along with the Commission’s delegated Regulation (EU) 2016/1052, which is often referred to as the "Safe Harbor" regulation.
Investment Amount and Duration
As part of this programme, RTX plans to repurchase shares for a total of up to DKK 20 million. The buy-back activities will commence on a specified start date and continue until the end of September the following year.
Recent Transactions Summary
Below is a summary of the transactions carried out under the share buy-back programme, highlighting the shares that have been repurchased during the designated timeframe:
Transaction Details
Here are the key transactions executed within the programme:
- RTX shares before the programme started: 258,528 shares
- Total shares bought back in the programme (latest announcement): 224,234 shares, with a total transaction value of DKK 19,500,183
- Recent activities include:
- On August 8, 2024: 700 shares purchased at an average price of 75.89, totaling DKK 53,123
- On August 9, 2024: 800 shares purchased at an average price of 76.09, totaling DKK 60,872
- On August 12, 2024: 700 shares purchased at an average price of 76.00, totaling DKK 53,200
- On August 13, 2024: 800 shares purchased at an average price of 74.05, totaling DKK 59,240
- On August 14, 2024: 1,000 shares purchased at an average price of 77.35, totaling DKK 77,350
- On August 15, 2024: 600 shares purchased at an average price of 78.35, totaling DKK 47,010
- On August 16, 2024: 500 shares purchased at an average price of 79.82, totaling DKK 39,910
- Total shares accumulated under the programme: 229,334 shares at an average price of 86.73, with a total transaction value of DKK 19,890,888
Regulatory Compliance
In accordance with Regulation (EU) No. 596/2014, all transactions related to the share buy-back programme are thoroughly documented in an appendix that accompanies this announcement.
Contact Information
For inquiries and additional 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 is designed to enhance shareholder value by repurchasing shares in accordance with regulatory guidelines.
2. How much is RTX planning to spend on the share buy-back?
RTX plans to allocate up to DKK 20 million for the share buy-back programme.
3. Over what period will the share buy-back occur?
The buy-back programme is set to take place from the beginning of December until the end of September the following year.
4. Can you provide details on the recent transactions?
Recent transactions have included the purchase of between 700 and 1,000 shares on various dates, with average prices ranging from 74.05 to 79.82 DKK.
5. Who can I contact for more information?
For any inquiries regarding the programme, you can contact CEO Peter Røpke at +45 96 32 23 00.
