checkAd

    Scandinavian Tobacco Group A/S  117  0 Kommentare Transactions in connection with share buy-back programme

     Company Announcement

    No. 31/2020

      Copenhagen, 5 October 2020

    Transactions in connection with share buy-back programme

    On 28 August 2020, Scandinavian Tobacco Group A/S (“STG”) announced that a share buy-back programme of an aggregated price of up to DKK 300 million was launched with the purpose to adjust the Company’s capital structure and meet obligations relating to the Group’s share-based incentive programme.

    The buy-back programme is executed in accordance with Regulation No. 596/2014 of the European Parliament and Council of 16 April 2014 (the “Market Abuse Regulation”) and Commission Delegated Regulation (EU) 2016/1052, also referred to as the Safe Harbour rules. The share buy-back programme will end no later than 26 February 2021.

    The following transactions have been executed from 28 September to 2 October 2020:  

    Number of shares Average purchase price, DKK Transaction value, DKK

    Accumulated, last announcement 502,802   48,648,475

    28 September 2020 15,000 94.14 1,412,033

    29 September 2020 17,756 94.30 1,674,385

    30 September 2020 15,000 94.01 1,410,093  

    1 October 2020 22,310 93.55 2,087,183  

    2 October 2020 28,711 93.15 2,674,300

    Accumulated under the program 601,579   57,906,464

    A detailed overview of transactions during the period 28 September - 2 October 2020 is attached to this announcement.

    Following the above transactions STG owns a total of 878,087 treasury shares, corresponding to 0.88% of the total share capital.

    For further information, please contact:

    Investors: Torben Sand, Head of Investor Relations, phone: +45 5084 7222 or torben.sand@st-group.com

    Media: Simon Mehl Augustesen, Director of Group Communications, phone: +1 484-379-8725 or simon.augustesen@st-group.com


    Attachments




    globenewswire
    0 Follower
    Autor folgen

    Verfasst von globenewswire
    Scandinavian Tobacco Group A/S Transactions in connection with share buy-back programme  Company Announcement No. 31/2020   Copenhagen, 5 October 2020 Transactions in connection with share buy-back programme On 28 August 2020, Scandinavian Tobacco Group A/S (“STG”) announced that …

    Schreibe Deinen Kommentar

    Disclaimer