Core Points - Pandora announced a new share buyback programme with a maximum amount of DKK 4.0 billion, running from 6 February 2025 to 30 January 2026 [1][2] - The first tranche of the buyback programme is up to DKK 1.3 billion, starting on 6 February 2025 and concluding by 6 June 2025, managed by Nordea [2] - As of the latest transactions, Pandora has repurchased a total of 494,200 shares, with a total transaction value of DKK 597,797,194, and currently holds 3,776,550 treasury shares, representing 4.6% of its share capital [2] Company Overview - Pandora is the world's largest jewellery brand, focusing on accessible luxury jewellery made from high-quality materials, sold in over 100 countries through 6,800 points of sale [4] - The company is headquartered in Copenhagen, Denmark, employs 37,000 people, and is committed to sustainability, aiming to halve greenhouse gas emissions across its value chain by 2030 [5] - In 2024, Pandora generated revenue of DKK 31.7 billion (EUR 4.2 billion) and is listed on the Nasdaq Copenhagen stock exchange [5]
Transactions in Connection With Share Buyback Programme
Globenewswireยท2025-03-24 11:11