Launch of share buy-back program of up to DKK 300m
Globenewswire·2025-08-26 15:35

Core Viewpoint - Royal Unibrew A/S has announced a share buy-back program with a total value of up to DKK 300 million to adjust its capital structure [1][2]. Group 1: Share Buy-Back Program Details - The share buy-back program is authorized by the Board of Directors as per the Annual General Meeting held on April 30, 2024, allowing the company to acquire treasury shares up to 10% of its share capital [3]. - The program will commence on August 27, 2025, and conclude no later than December 19, 2025, with a maximum market value of DKK 300 million, equating to approximately 0.63 million shares or about 1.3% of the share capital based on the share price as of August 25, 2025 [4]. - Danske Bank A/S has been appointed as the Lead Manager to handle the share buy-back, making independent trading decisions without involving Royal Unibrew [5]. Group 2: Execution and Conditions - The shares bought back daily will not exceed 25% of the average trading volume over the preceding 20 trading days [5]. - The company will not purchase shares at a price exceeding the higher of the latest independent transaction price or the highest independent bid on Nasdaq Copenhagen A/S [6][8]. - Royal Unibrew reserves the right to suspend the buy-back program in case of significant changes in the company's circumstances or market conditions, with announcements to be made accordingly [6]. Group 3: Reporting - The company will provide weekly announcements detailing the number of shares bought back and their value [7].