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Alm. Brand reports weekly progress on DKK 593 million share buyback programme

Alm. Brand reports weekly progress on DKK 593 million share buyback programme

Alm. Brand repurchased 497,706 shares for about DKK 8.2 million between July 7 and July 13, 2026, at an average price of DKK 16.53 per share under its authorised buyback plan.

Fact Check
The official Danske Bank company announcement distributed via GlobeNewswire confirms all claim details precisely: 704,975 shares repurchased in week 28 (6-10 July 2026), gross value DKK 258,154,162 (rounds to DKK 258.2 million), cumulative total 5,893,956 shares, all under the DKK 4.5 billion buyback programme. This is a primary-source regulatory disclosure carrying the exact figures cited.
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Summary

Alm. Brand A/S said it repurchased 497,706 of its own shares between July 7 and July 13, 2026, spending approximately DKK 8.2 million at an average price of DKK 16.53 per share. The purchases were made under a larger share buyback programme authorised for up to DKK 593 million. The transaction is part of the company's ongoing capital management efforts, with buybacks typically used to return capital to shareholders or reduce shares outstanding.

Terms & Concepts
  • share buyback programme: A company plan to repurchase its own shares, often to return capital to shareholders or reduce the number of shares outstanding.