Transactions in Connection with Share Buyback Programme
Company Announcement
Copenhagen
No. 67/2025
Transactions in Connection with Share Buyback Programme
ISS A/S, recognized as a leading workplace experience and facility management firm, announced a new share buyback initiative aimed at delivering value to its shareholders.
The program is structured in line with the Market Abuse Regulation, which ensures transparency and protection for investors. The primary focus behind this share buyback plan is to efficiently redistribute surplus cash and fulfill commitments related to ISS' share-based incentive schemes.
The total investment for share purchases is capped at DKK 3 billion, which includes around DKK 1.25 billion earmarked for the first tranche of the buyback initiative. The overall buyback will occur over a period of roughly 12 months, with the latter phase commencing in July and concluding in February of the following year.
As part of the share buyback program, several transactions have been executed, reflecting the company's commitment to enhancing shareholder value.
Details of Recent Transactions
Here’s a summary of the recent transactions executed under this buyback program:
Accumulated Transactions
As of the latest update, ISS A/S has repurchased a total of approximately 12,860,983 shares. This figure represents a significant percentage of the company's overall capital, showcasing ISS' strategic approach to improving shareholder returns.
Individual Transaction Summaries
Noteworthy recent buyback transactions include:
- 1 December: Acquired 81,000 shares at an average price of DKK 212.02, equating to a total transaction cost of DKK 17,173,312.
- 2 December: Purchased 105,000 shares at an average cost of DKK 199.62, leading to a transaction total of DKK 20,960,405.
- 3 December: Obtained 102,000 shares at DKK 202.08 each, summing up to a transaction value of DKK 20,611,976.
- 4 December: Another 102,000 shares were bought at DKK 203.44 each, totaling DKK 20,750,676.
- 5 December: The program concluded the week with the acquisition of 75,000 shares at DKK 207.75 each, resulting in a transaction value of DKK 15,581,265.
The active participation in this program has led ISS A/S to hold a sum of 11,959,062 treasury shares, totaling 6.87% of its total share capital.
Strategic Advantages of the Buyback Program
The motivation behind the share buyback is dual-faceted: it aims to reduce capital while simultaneously addressing obligations tied to its share-based incentive programs. By engaging in share repurchases, ISS reinforces its dedication to returning value to its investors, particularly in an increasingly competitive marketplace.
The focus on such strategies is crucial not just for stabilizing share prices but also for enhancing overall investor confidence, which can play a vital role in attracting future investment.
Future Outlook for ISS A/S
As ISS A/S progresses through its share buyback program, the company remains dedicated to its core mission of facilitating outstanding workplace experiences while also emphasizing sustainable practices. The balanced approach to shareholder returns and organizational growth positions ISS for further success.
For inquiries regarding the share buyback, investors can reach out to the head of Group Investor Relations, Michael Vitfell-Rasmussen at +45 53 53 87 25, or reach out to Anne Sophie Riis, Senior Investor Relations Manager at +45 30 52 94 68.
For media-related queries, please contact Charlotte Holm, Head of External Communication at +45 41 76 19 89.
ISS stands out as a visionary provider of workplace and facility services, continually striving for excellence through insights and data utilization. With a workforce of over 325,000 individuals, known as “placemakers,” ISS is committed to fostering environments that promote well-being while minimizing environmental impact.
Frequently Asked Questions
What is the purpose of the share buyback program at ISS A/S?
The share buyback program is designed to redistribute excess cash to shareholders while managing ISS' share capital and supporting incentive programs.
How much is ISS A/S investing in the share buyback program?
ISS A/S plans to repurchase shares for a maximum of DKK 3 billion under this initiative.
What percentage of shares does ISS A/S currently own as treasury shares?
The company holds approximately 6.87% of its total share capital as treasury shares.
Who can investors contact for more information about the share buyback?
Investors can reach out to Michael Vitfell-Rasmussen or Anne Sophie Riis for inquiries about the share buyback.
What is ISS A/S's commitment in its operations?
ISS A/S is committed to enhancing workplace experiences while ensuring sustainable practices and driving engagement among their teams.
