Transactions in connection with share buyback programme
27 May 2024 - 9:37PM
Transactions in connection with share buyback programme
Company Announcement
Copenhagen, 27 May 2024 No. 24/2024
Transactions in connection with share
buyback programmeISS A/S, a leading workplace experience
and facility management company, announced on 22 February 2024 a
new share buyback programme, see company announcement no. 4/2024.
The share buyback programme is executed in accordance Regulation
(EU) No 596/2014 of the European Parliament and of the Council of
16 April 2014 (the “Market Abuse Regulation”) and the Commission
Delegated Regulation (EU) 2016/1052 of 8 March 2016, also referred
to as the Safe Harbour Regulation.
Through the programme, ISS wishes to
redistribute excess cash to shareholders. The purpose of the share
buy-back programme is to (i) reduce the share capital and (ii) meet
obligations arising from ISS’ share-based incentive programmes.
Under the programme, ISS will repurchase shares
for a maximum consideration of DKK 1 billion from 22 February 2024
to 19 February 2025 at the latest, both days inclusive. The first
tranche of the programme of up to DKK 500 million commenced on 22
February 2024 and complete no later than 9 August 2024.
The following transactions have been made under
the programme:
|
|
Number of shares |
Average purchase price, DKK |
Transaction value, DKK |
|
Accumulated, last announcement |
2,120,131 |
125.55 |
266,172,211 |
|
21 May 2024 |
33,671 |
130.28 |
4,386,725 |
|
22 May 2024 |
32,923 |
128.12 |
4,218,210 |
|
23 May 2024 |
31,000 |
129.19 |
4,004,909 |
|
24 May 2024 |
32,000 |
129.89 |
4,156,333 |
|
Accumulated under the programme |
2,249,725 |
125.77 |
282,938,388 |
Following the transactions stated above, ISS A/S
owns a total of 1,957,280 treasury shares corresponding to 1.05% of
the total share capital.
In accordance with the Market Abuse Regulation,
the details of each transaction made under the share buyback
programme are enclosed.
For investor enquiries Jacob Johansen, Head of
Group Investor Relations, +45 21 69 35 91
For media enquiries Charlotte Holm, Head of
External Communication, +45 41 76 19 89
About ISS
ISS is a leading, global provider of workplace and facility
service solutions. In partnership with customers, ISS drives the
engagement and well-being of people, minimises the impact on the
environment, and protects and maintains property. ISS brings all of
this to life through a unique combination of data, insight and
service excellence at offices, factories, airports, hospitals and
other locations across the globe. ISS has more than 350,000
employees around the globe, who we call “placemakers”. In 2023,
Group revenue was DKK 78.7 billion. For more information on the ISS
Group, visit www.issworld.com.
ISS A/S, ISIN DK0060542181, ISIN US4651472056, ISS
Global A/S, ISIN XS2013618421, ISIN
XS1145526825, ISIN XS1673102734, ISS Finance B.V.,
ISIN XS2199343513
- ISS announcement - SBB week 21
- Appendix_Company_Annoucement_No_24-2024
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