15/2026・Trifork Group: Initiation of share buyback program

Core Viewpoint - Trifork Group AG has announced the initiation of a share buyback program aimed at redistributing excess cash to shareholders and potentially reducing share capital through share cancellation in the future [1][2]. Group 1: Share Buyback Program Details - The share buyback program will involve a maximum expenditure of DKK 75 million (approximately EUR 10 million) [1][5]. - The program is set to run from 2 March 2026 to 31 December 2026, with a pause from 13 April to 17 April 2026 [3]. - Danske Bank A/S has been appointed as the lead manager for the share buyback program, making independent trading decisions on behalf of Trifork [4]. Group 2: Execution and Regulations - The maximum number of shares to be repurchased is 1,700,000, which represents 8.6% of the outstanding registered shares of Trifork [5]. - The daily purchase limit is capped at 25% of the average daily trading volume over the preceding 20 trading days [5]. - Shares will be acquired through public trading on Nasdaq Copenhagen, adhering to the EU Market Abuse Regulation and the Safe Harbour Regulation [3][5]. Group 3: Company Overview - Trifork is a global technology company specializing in advanced software solutions for sectors such as public administration, healthcare, financial services, energy, and aviation [6]. - The company employs 1,148 individuals across 16 countries and has a dedicated R&D arm, Trifork Labs, focused on innovation and investment in high-potential technology companies [6].