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ISS increases its share buyback programme by DKK 500 million and commences second tranche
Globenewswireยท2025-08-12 05:31

Core Viewpoint - ISS A/S has increased its share buyback programme by DKK 500 million, now totaling up to DKK 3,000 million, to redistribute excess cash to shareholders and meet obligations from share-based incentive programmes [1][2][4]. Group 1: Share Buyback Programme Details - The second tranche of the share buyback programme will be up to DKK 1,750 million, commencing today and concluding by 13 February 2026 [1][4]. - The first tranche of approximately DKK 1,250 million was completed on 8 August 2025 [4]. - The programme is authorized to acquire treasury shares up to 15% of ISS' share capital [2]. Group 2: Regulatory Compliance - The share buyback programme is conducted in accordance with the Market Abuse Regulation and the Safe Harbour Regulation [3]. Group 3: Operational Framework - The maximum total consideration for shares to be bought back is up to DKK 3,000 million, with a maximum nominal value of shares to be acquired being DKK 22 million [6]. - Shares may be purchased on Nasdaq Copenhagen and other trading venues, with daily purchase limits set at 25% of the average daily trading volume over the preceding 20 days [6]. - The purchase price for treasury shares must not deviate by more than 10% from the quoted price at the time of acquisition [6]. Group 4: Company Overview - ISS is a global provider of workplace and facility service solutions, employing 325,000 individuals and generating DKK 83.7 billion in revenue in 2024 [5][7].