Core Viewpoint - Columbus A/S has announced a share buyback programme with a total amount of up to DKK 16 million, aimed at reducing share capital and hedging obligations under share-based incentive schemes [1][2]. Group 1: Share Buyback Programme Details - The share buyback programme will run from 30 June 2025 until 11 March 2026, allowing for the purchase of shares up to DKK 16 million [3]. - The programme is authorized to buy back up to 10% of the share capital within 18 months from the Annual General Meeting held on 29 April 2025 [1][3]. - A maximum of 1.6 million shares may be acquired, which corresponds to 1.24% of the current share capital of Columbus A/S [6]. Group 2: Execution and Management - Nordea Danmark has been appointed as the lead manager to execute the buyback independently, adhering to the parameters set in the announcement [6]. - Weekly company announcements will provide details of transactions executed under the buyback programme [5]. Group 3: Pricing and Trading Restrictions - Shares may not be acquired at a price deviating by more than 10% from the most recently quoted market price on Nasdaq Copenhagen [6]. - The maximum number of shares that may be acquired on any single trading day is limited to 25% of the average daily trading volume over the preceding 20 trading days [6].
Columbus – launch of share buyback programme under the “Safe Harbour” Regulation
Globenewswire·2025-06-30 06:32