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Scandinavian Tobacco Group A/S - Reduction of share capital
GlobeNewswire·2025-05-15 07:19

Core Points - Scandinavian Tobacco Group A/S has reduced its share capital by DKK 6,000,000, bringing the total from DKK 86,000,000 to DKK 80,000,000 through the cancellation of treasury shares [1][2] - Following the capital reduction, the company's share capital now consists of 80,000,000 shares with a nominal value of DKK 1 each, maintaining a total of 80,000,000 voting rights [2] Company Overview - Scandinavian Tobacco Group A/S is a leading manufacturer of handmade and machine-rolled cigars, producing over four billion cigars annually and holding market-leading positions in various categories [3] - The company operates globally, with headquarters in Copenhagen, Denmark, and employs approximately 10,000 people across multiple countries including the US, Canada, and several Central American nations [4]