Tryg A/S Launches New Share Buyback Program With Unique Insights

Overview of Tryg A/S Share Buyback Initiative
Tryg A/S has recently made an exciting announcement regarding its share buyback program. This initiative, designed to purchase up to DKK 2.0 billion of its own shares, reflects the company's commitment to enhancing shareholder value. In compliance with the EU Market Abuse Regulation, Tryg’s Board of Directors has set in motion this program, which will remain active until at least June 2025.
Key Transaction Highlights
In the most recent reporting period from April 28 to May 2, 2025, Tryg executed several significant transactions under the buyback program. Each transaction reflects a careful consideration to maintain market stability while effectively managing the company’s capital structure. Detailed records of these transactions are shared regularly through Nasdaq Copenhagen, ensuring transparency and keeping investors informed.
Detailed Transaction Breakdown
As part of the share buyback activities, Tryg has reported the following transaction details:
Summary of buyback transactions:
- Date: April 28, 2025 — Purchase of 75,000 shares at an average price of DKK 152.45.
- Date: April 29, 2025 — Another 75,000 shares bought at DKK 153.13.
- Date: April 30, 2025 — A purchase of 80,000 shares at an average price of DKK 156.37.
- Date: May 1, 2025 — 60,000 shares were acquired at DKK 158.05.
- Date: May 2, 2025 — Finally, an additional 60,000 shares purchased at DKK 159.87.
These transactions have contributed to an impressive total of 350,000 shares purchased within this brief period, culminating in a significant investment of DKK 54,503,300. To date, the total shares repurchased under the buyback program amount to 10,931,787, representing a substantial DKK 1,669,304,134 investment in stakeholder value.
Impact of the Buyback Program
The buyback initiative not only reinforces Tryg's financial strength but also enhances its capital efficiency. By reducing the number of shares in circulation, the company effectively increases the value of existing shares, which is a crucial aspect of maximizing shareholder returns. As of now, Tryg holds a total of 6,313,652 treasury shares, which constitutes about 1.033% of its total share capital.
Contact and Additional Information
For stakeholders or investors seeking further details regarding these transactions or the overall buyback program, Tryg provides direct access to its financial experts:
- Gianandrea Roberti, Head of Financial Reporting, SVP - Phone: +45 20 18 82 67, Email: gianandrea.roberti@tryg.dk
- Robin Hjelgaard Løfgren, Head of Investor Relations - Phone: +45 41 86 25 88, Email: robin.loefgren@tryg.dk
- Peter Brondt, Investor Relations Director - Phone: +45 22 75 89 04, Email: peter.brondt@tryg.dk
More information can also be found on the corporate website at tryg.com.
Frequently Asked Questions
What is the purpose of the share buyback program by Tryg A/S?
The share buyback program aims to enhance shareholder value by repurchasing shares, which reduces the number of shares outstanding and often increases the share price.
How much is Tryg A/S planning to buy back in shares?
The company has announced plans to buy back shares worth up to DKK 2.0 billion, illustrating a substantial investment in its market position.
When does the share buyback program end?
The share buyback program is set to conclude no later than June 30, 2025, allowing adequate time for the specified volume of shares to be purchased.
How are the share buyback transactions reported?
All transactions conducted under the buyback program are reported weekly through Nasdaq Copenhagen, ensuring transparency for investors.
Who can I contact for more information about the program?
Interested parties can reach out to Gianandrea Roberti, Robin Hjelgaard Løfgren, or Peter Brondt for inquiries regarding the share buyback program.
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