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34/2025・Trifork Group: Weekly report on share buyback
Globenewswire·2025-06-16 05:52

Core Viewpoint - Trifork Group has initiated a share buyback program, allowing the company to repurchase shares up to a total of DKK 14.92 million (approximately EUR 2 million) from 4 March 2025 to 30 June 2025 [1][2]. Group 1: Share Buyback Program Details - The share buyback program is in accordance with Regulation No. 596/2014 and will run until 30 June 2025 [1]. - As of the start of the program, Trifork held 256,329 treasury shares, which is 1.3% of the share capital [2]. - By 13 June 2025, a total of 112,959 shares had been repurchased at an average price of DKK 88.15, totaling DKK 9,957,628 [2]. Group 2: Utilization of Repurchased Shares - On 25 March, 25 April, and 23 May 2025, 4,370 shares from the buyback were used for the Executive Management's monthly fixed salary, transitioning from cash to share payments [3]. - On 1 April 2025, 19,943 shares were utilized for the RSU plan for Executive Management and certain employees [3]. Group 3: Current Treasury Shares and Outstanding Shares - Following the transactions, Trifork now holds a total of 344,975 treasury shares, which is 1.7% of the total registered shares [4]. - The total number of registered shares in Trifork is 19,744,899, leading to 19,399,924 outstanding shares after adjusting for treasury shares [4].