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22/2025・Trifork Group: Weekly report on share buyback
GlobeNewswire·2025-04-21 06:19

Core Viewpoint - Trifork Group has initiated a share buyback program to repurchase shares up to a total of DKK 14.92 million (approximately EUR 2 million) from 4 March 2025 to 30 June 2025, with specific pauses during the program [1][2]. Group 1: Share Buyback Program Details - The share buyback program is in accordance with Regulation No. 596/2014 and will not be active from 9 to 15 April 2025 [1]. - As of the latest report, Trifork has repurchased a total of 59,909 shares for a total amount of DKK 5,099,831, with an average purchase price of DKK 85.13 [2]. - The company held 256,329 treasury shares prior to the buyback, which corresponds to 1.3% of the share capital [2]. Group 2: Utilization of Repurchased Shares - On 25 March 2025, 1,352 shares from the buyback were used for the Executive Management's monthly fixed salary, transitioning from cash payment to partial share payment [2]. - On 1 April 2025, 19,943 shares were utilized to serve the RSU plan for Executive Management and certain employees [2]. Group 3: Current Treasury Shares and Outstanding Shares - Following the transactions, Trifork now holds a total of 294,943 treasury shares, which corresponds to 1.5% of the total registered shares [3]. - The total number of registered shares in Trifork is 19,744,899, leading to 19,449,956 outstanding shares after adjusting for treasury shares [3].