Workflow
Netcompany - Final transactions in connection with share buyback programme
NETCNabors Energy Transition (NETC) GlobeNewswire·2025-01-27 09:34

Share Buyback Programme - Netcompany Group A/S initiated a share buyback programme on 31 October 2024, with a maximum budget of DKK 250 million and up to 1,300,000 shares, aimed at adjusting the company's capital structure and fulfilling obligations related to share-based incentive programmes [1] - The programme was executed in compliance with EU Market Abuse Regulation (EU Regulation no 596/2014) and the Safe Harbour Regulation (Commission Delegated Regulation (EU) 2016/1052), and was scheduled to conclude by 24 January 2025 [2] Final Transactions - Between 23 January 2025 and 24 January 2025, Netcompany purchased 7,500 shares at an average price of DKK 33824 and 3,555 shares at an average price of DKK 33531, with total transaction values of DKK 2,536,786 and DKK 1,192,026 respectively [3] - The accumulated transactions during this period amounted to 11,055 shares, with a total value of DKK 3,728,812 [3] - Over the entire programme, Netcompany repurchased 719,967 shares, totaling DKK 249,999,576 [3] Treasury Shares - Following the final transactions and the vesting of RSUs, Netcompany holds 2,946,658 treasury shares, representing 59% of the total share capital [4] Additional Information - For further details, Netcompany provided contact information for Thomas Johansen, CFO, and Frederikke Linde, Head of IR [5]