Schouw & Co. Executes Share Buy-Back Program
On May 5, Schouw & Co. announced a substantial share buy-back program. This initiative, designed to enhance shareholder value, involves acquiring shares totaling up to DKK 120 million throughout the period from May 5 to December 31.
Structure of the Buy-Back Program
The implementation of this buy-back program adheres to the stringent guidelines set forth by Regulation (EU) No. 596/2014 regarding market abuse and the established 'Safe Harbour' rules as recognized by the European Commission.
Details on Share Purchases
As of August 8, 2025, the company accumulated a total of 93,400 shares under this program, with an average purchase price of 596.18 DKK. The total amount spent on these shares so far stands at 55,683,237 DKK.
Recent Trading Activity
The share buy-back activity includes notable transactions over the following days:
- On August 11, 2025, 1,000 shares were bought at an average price of 625.84 DKK, totaling 625,840 DKK.
- On August 12, 2025, the company purchased 1,100 shares at 631.28 DKK, which summed up to 694,408 DKK.
- Continuing, on August 13, another 1,100 shares were acquired at 634.85 DKK, for a total expenditure of 698,335 DKK.
- The following day, 1,000 shares were bought at an average price of 633.55 DKK, costing 633,550 DKK.
- Finally, on August 15, 2025, Schouw & Co. secured 1,900 shares at 590.60 DKK for a total of 1,122,140 DKK.
Total Accumulation and Current Holdings
By the end of these transactions on August 15, 2025, Schouw & Co. had acquired a total of 99,500 shares at an average price of 597.56 DKK, amounting to a cumulative investment of 59,457,510 DKK. This program strengthens the company's current holding to 2,141,493 treasury shares, which represents approximately 8.57% of the total share capital, amounting to 25,000,000 shares.
Leadership and Commitment to Shareholders
Schouw & Co. is led by Jørgen Dencker Wisborg, the Chairman, and Jens Bjerg Sørensen, the President. Their leadership and strategic vision play a crucial role in the successful execution of such shareholder-friendly initiatives. For further inquiries, interested parties can contact the company directly at +45 86 11 22 22.
Frequently Asked Questions
What is the purpose of Schouw & Co.'s buy-back program?
The buy-back program aims to enhance shareholder value and reflects the company's commitment to returning capital to shareholders.
How much will Schouw & Co. spend on the buy-back initiative?
The company plans to spend up to DKK 120 million during the buy-back period.
When did Schouw & Co. begin the buy-back program?
The buy-back program was initiated on May 5.
What percentage of total shares does Schouw & Co. currently hold in treasury?
Schouw & Co. holds about 8.57% of its total share capital in treasury shares.
How can investors learn more about Schouw & Co.'s initiatives?
Investors can contact the company directly or follow announcements through official channels for the latest updates and initiatives.
