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31/2025・Trifork Group: Weekly report on share buyback
GlobeNewswire·2025-05-26 05:45

Core Viewpoint - Trifork Group has initiated a share buyback program, allowing the company to repurchase shares up to a total of DKK 14.92 million (approximately EUR 2 million) from 4 March 2025 to 30 June 2025 [1][2]. Group 1: Share Buyback Program Details - The share buyback program is in accordance with Regulation No. 596/2014 and Commission Delegated Regulation (EU) 2016/1052 [1]. - As of the latest report, Trifork has repurchased a total of 94,974 shares for a total amount of DKK 8,268,765, with an average purchase price of DKK 87.06 [2]. - Prior to the buyback, Trifork held 256,329 treasury shares, which represented 1.3% of the share capital [2]. Group 2: Utilization of Repurchased Shares - On specific dates (25 March, 25 April, and 23 May 2025), 4,370 shares from the buyback were used for the Executive Management's monthly fixed salary, transitioning from cash payment to partial share payment [3]. - Additionally, on 1 April 2025, 19,943 shares were utilized for the RSU plan for Executive Management and certain employees [3]. Group 3: Current Treasury Shares and Outstanding Shares - Following the transactions, Trifork now holds a total of 326,016 treasury shares, which corresponds to 1.7% of the total registered shares [4]. - The total number of registered shares in Trifork is 19,744,899, leading to 19,417,909 outstanding shares after adjusting for treasury shares [4].