Conclusion of first tranche of share buyback programme
12 August 2024 - 1:13PM
UK Regulatory
Conclusion of first tranche of share buyback programme
Company Announcement
Copenhagen, 12 August 2024
No. 37/2024
Conclusion of first tranche of share
buyback programme
On 22 February 2024, ISS initiated a
share buyback programme, see Company Announcement No. 4/2024. ISS
has now concluded the first tranche of the share buyback programme
and 3,973,248 shares have been bought back for a consideration of
DKK 500m.
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.
The following transactions have been made under
the programme:
|
|
Number of shares |
Average purchase price, DKK |
Transaction value, DKK |
|
Accumulated, last announcement |
3,831,858 |
125.96 |
482,658,929 |
|
5 August 2024 |
30,000 |
119.83 |
3,594,891 |
|
6 August 2024 |
35,000 |
122.50 |
4,287,402 |
|
7 August 2024 |
30,000 |
124.09 |
3,722,760 |
|
8 August 2024 |
30,000 |
122.11 |
3,663,213 |
|
9 August 2024 |
16,390 |
126.10 |
2,066,786 |
|
Accumulated under the programme |
3,973,248 |
125.84 |
499,993,981 |
Following the transactions stated above, ISS A/S
owns a total of 3,680,803 treasury shares corresponding to 1.98% of
the total share capital.
The share buyback programme is implemented in
accordance with 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.
In accordance with the Market Abuse Regulation,
the details of each transaction made under the share buyback
programme are enclosed.
For investor enquiries
Michael
Vitfell-Rasmussen, Head of Group Investor Relations, +45 53 53 87
25
For media enquiries
Charlotte Holm, Head of
External Communications, +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
- Appendix_Company_Announcement_NO_37-2024
- Announcement - SBB first tranche concluded
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