58/2025・Trifork Group: Initiation of share buyback program
Globenewswire·2025-12-22 15:56

Core Viewpoint - Trifork Group AG has announced the initiation of a share buyback program amounting to DKK 14.92 million (approximately EUR 2.0 million) to fulfill obligations related to its employee stock program and potentially reduce share capital in the future [1][3]. Group 1: Share Buyback Program Details - The share buyback program will run from 23 December 2025 to 26 February 2026 [3]. - The maximum total consideration for shares bought back will be DKK 14.94 million (approximately EUR 2.0 million) [8]. - The maximum number of shares to be bought back is 300,000, which represents 1.5% of the outstanding registered shares of Trifork [8]. - The daily purchase limit is set to not exceed 25.0% of the average daily trading volume over the preceding 20 trading days [8]. - Shares will be acquired through public trading on Nasdaq Copenhagen, and the company reserves the right to suspend or terminate the program at any time [8]. Group 2: Regulatory Compliance and Management - The share buyback program will be executed in accordance with EU Market Abuse Regulation and the Safe Harbour Regulation [4]. - Danske Bank A/S has been appointed as the lead manager for the share buyback program, making independent trading decisions on behalf of Trifork [5]. Group 3: Company Overview - Trifork is a global technology company specializing in innovative digital products and solutions for enterprise and public sector customers, with 1,197 employees across 16 countries [6]. - The company focuses on advanced software development in sectors such as public administration, healthcare, financial services, energy, and aviation [6]. - Trifork Labs, the Group's R&D arm, is dedicated to driving innovation by investing in high-potential technology companies [6].