Alm Brand A/S : share buy back program is concluded transactions week 24
June 12, 2024 at 04:37 am EDT
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Published: 2024-06-12 10:32:05 CEST
Alm. Brand A/S
Changes in company's own shares
Alm. Brand A/S share buy-back program is concluded - transactions week 24
Alm. Brand A/S share buy-back program is concluded - transactions week 24
On 5 December 2023, Alm. Brand A/S announced a share buy-back program of up to DKK 250 million, as described in company announcement no. 23/2023. On the 8th of February 2024, Alm. Brand A/S announced an increase of the existing share buy-back programme by DKK 100 million to DKK 350 million and extension of the period for the programme until and including 30 September 2024, as described in company announcement no. 09/2024.
The share buy-back program is now concluded, during which 27,640,209 own shares were purchased with a transaction value of approximately 350 million DKK.
The program was carried out in accordance with the Regulation No 596/2014 of the European Parliament and Council of 16 April 2014 (MAR) and the Commission Delegated Regulation (EU) 2016/1052, also referred to as the Safe Harbour Regulations.
The following transactions were made under the share buy-back program during week number 24:
Number of shares bought
Average
purchase price
Amount (DKK)
Accumulated, last announcement
27,334,553
12.65
345,784,362
10 June 2024
229,856
13.83
3,178,058
11 June 2024
75,800
13.69
1,037,482
Total, week number 24
305,656
13.79
4,215,540
Accumulated under the program
27,640,209
12.66
349,999,903
With the transactions stated above Alm. Brand A/S holds a total of 26,151,856 own shares corresponding to 1.70 % of the total number of outstanding shares.
Contact
Please direct any questions regarding this announcement to:
Investors and equity analysts:
Head of IR, Rating and ESG reporting
Mads Thinggaard
Mobile no. +45 2025 5469
Attachments
Alm Brand_Share buyback week #24 2024
AS 38 2024 - Alm. Brand AS share buy-back program is concluded - transactions week 24
Attachments:
Alm Brand_Share buyback week 24 2024.pdf
AS 38 2024 - Alm. Brand AS share buy-back program is concluded - transactions week 24.pdf
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Alm. Brand A/S published this content on
12 June 2024 and is solely responsible for the information contained therein. Distributed by
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12 June 2024 08:36:04 UTC.
ALM. Brand A/S is a Denmark-based holding company engaged in the provision of insurance and financial services. The Companyâs activities are divided into three business areas: non-life insurance, which offers a range of insurance products, which focus primarily on the personal, commercial and agricultural segment; banking, providing deposit and lending products, pensions and home finance, as well as investment consultancy; and life insurance and pension, which provides corporate pension plans, pension savings, as well as insurance cover, including death, disability and critical illness cover. It operates a number of sales centers and branches across Denmark. Furthermore, the Company is a parent of Alm Brand Forsikring A/S, Alm Brand Praemieservice ApS, Alm Brand Bank A/S, Forsikringsselskabet Alm Brand Liv og Pension A/S, and Alm Brand Leasing A/S, among others.
ALM. BRAND A/S 
