Capital reduction by cancellation of treasury shares
Globenewswire·2025-06-25 13:16
Core Points - Alm. Brand A/S has resolved to reduce its share capital by DKK 88,140,000, representing a 5.7% decrease from DKK 1,541,140,000 to DKK 1,453,000,000 [1] - The capital reduction has been registered with the Danish Business Authority and will be effective from June 25, 2025 [2] - Following the cancellation of treasury shares, Alm. Brand A/S will hold 21,345,696 treasury shares, which is 1.5% of the company's nominal share capital [4] Capital Structure - The total share capital of Alm. Brand A/S after the reduction amounts to DKK 1,453,000,000, equivalent to 1,453,000,000 shares with a nominal value of DKK 1 each [3] - The cancelled treasury shares will be removed from trading on Nasdaq Copenhagen in the near future [2]