Overview of the Share Buy-Back Program
On May 5, 2025, Schouw & Co. took a significant step in its growth strategy by initiating a share buy-back program. This initiative, which was outlined in Company Announcement no. 20, aims to enhance shareholder value by acquiring shares up to a substantial limit of DKK 120 million. The program will run from May 5 until December 31, 2025.
Regulatory Compliance
The share buy-back will comply with the European market regulations, specifically Regulation (EU) No. 596/2014 concerning market abuse and the Commission’s delegated regulation (EU) 2016/1052. These regulations are designed to ensure transparency and fair trading practices in EU markets, providing a safe environment for such operations.
Transaction Details
As of August 8, 2025, Schouw & Co. has accumulated a total of 93,400 shares through its buy-back efforts at an average purchase price of DKK 596.18, amounting to approximately DKK 55,683,237. This demonstrates the company's commitment to robust capital management.
Weekly Transaction Breakdown
During the week of August 11 to August 15, 2025, the company reported several transactions. Notably, on August 11, Schouw & Co. repurchased 1,000 shares at an average price of DKK 625.84, totaling DKK 625,840. By Friday, the total number of shares acquired during that week reached 6,100, reflecting an average purchase price of DKK 618.73, with an overall expenditure of DKK 3,774,273.
Shareholder Impact
Following these transactions, Schouw & Co. now holds a significant amount of treasury shares, totaling 2,141,493, which represents 8.57% of the company’s total share capital, reflecting a proactive approach to share management and valuation enhancement.
Contact Information
For inquiries regarding the share buy-back program and other corporate matters, you can contact Aktieselskabet Schouw & Co. at the following numbers:
Jørgen Dencker Wisborg, Chairman
Jens Bjerg Sørensen, President, telephone number +45 86 11 22 22
Frequently Asked Questions
What is the purpose of the share buy-back program?
The program aims to enhance shareholder value by reducing the number of shares in circulation, thereby increasing earnings per share and providing returns to shareholders.
How much has Schouw & Co. allocated for the buy-back program?
The company has allocated up to DKK 120 million for shares buy-back initiatives throughout the duration of the program.
How does the buy-back program comply with regulations?
The buy-back will adhere to the European market regulations regarding market abuse to ensure all transactions are conducted transparently and fairly.
What is the current status of shares repurchased by the company?
As of mid-August 2025, the company has bought back approximately 99,500 shares, which corresponds to 8.57% of Schouw & Co.’s total share capital.
Who can I contact for more information about the company?
For more details, please reach out to the chairman or president of the company using the provided contact information.
