NKT initiates share buyback to meet obligations for share-based incentive programmes for employees

Core Viewpoint - NKT A/S has initiated a share buyback program to fulfill obligations related to its employee share-based incentive programs, with a maximum repurchase of 268,949 shares, representing 0.50% of its current share capital [1][2][4]. Share Buyback Program - The share buyback program is authorized by the Board of Directors and is valid until March 31, 2026, allowing the company to repurchase shares up to a nominal value of 10% of its share capital [1][4]. - The program will run from May 22, 2025, to no later than June 20, 2025, with a maximum expenditure of DKK 175 million [4][7]. - NKT A/S has appointed Nordea Denmark as the lead manager for the share buyback, ensuring independent trading decisions [7]. Employee Share Program - NKT A/S confirmed the launch of an employee share program in June 2025, which is the basis for the share buyback initiative [3].