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Based on the profit for 2024 and a very strong solvency ratio, the Board of Directors of Alm. Brand A/S has resolved to exercise the authority to buy back treasury shares for a total amount of up to DKK 52.2 million. The authority to buy back treasury shares was granted at the company’s annual general meeting held on 18 April 2024. The authorisation is valid until the next annual general meeting and may be exercised for up to 10% of the share capital.
Alm. Brand – Report on trading in Alm. Brand A/S shares by executives and their related parties
Today, Alm. Brand Group A/S has completed a block buyback of 3,159,286 shares for a total amount of DKK 47.8 million from Alm. Brand af 1792 fmba, equivalent to 47.8% of the total share buyback of DKK 100 million announced on 22 January 2025 through company announcement no. 4/2025. The block buyback was completed to maintain Alm. Brand af 1792 fmba’s percentage ownership interest in Alm. Brand Group A/S following completion of the total share buyback. The buyback was completed at the closing price of the company’s shares on Nasdaq Copenhagen on 5 February 2025.
Alm. Brand A/S share buy-back program is concluded - transactions week 5
This announcement contains Alm. Brand Group’s profit guidance for 2025 and information about the realised financial results for 2024. The interim report for Q4 2024 will be released as announced on 5 February 2025.
Transactions during 13 January 2025 – 17 January 2025
On 15 August 2024, Alm. Brand A/S announced a share buy-back program of up to DKK 150 million, as described in company announcement no. 40/2024. On 7 November 2024, Alm. Brand A/S announced an increase of the existing share buy-back program by DKK 70 million to DKK 220 million with the intention of purchasing shares for the employee share scheme in 2025. Additionally, the program was extended until and including 31 January 2025.