Transactions in connection with share buyback programme
September 23 2024 - 4:02AM
UK Regulatory
Transactions in connection with share buyback programme
Company Announcement
Copenhagen, 23 September 2024
No. 48/2024
Transactions in connection with share
buyback programme
ISS 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 1.25 billion from 22 February
2024 to 19 February 2025 at the latest, both days inclusive. The
second tranche of the programme of up to DKK 750 million commenced
on 13 August 2024 and complete no later than 19 February 2025.
The following transactions have been made under
the programme:
|
|
Number of shares |
Average purchase price, DKK |
Transaction value, DKK |
|
Accumulated, last announcement |
4,904,248 |
125.61 |
616,012,471 |
|
16 September 2024 |
34,000 |
128.58 |
4,371,720 |
|
17 September 2024 |
30,000 |
130.02 |
3,900,600 |
|
18 September 2024 |
32,000 |
133.85 |
4,283,200 |
|
19 September 2024 |
31,000 |
135.17 |
4,190,270 |
|
20 September 2024 |
34,000 |
133.79 |
4,548,860 |
|
Accumulated under the programme |
5,065,248 |
125.82 |
637,307,121 |
Following the transactions stated above, ISS A/S
owns a total of 6,473,347 treasury shares corresponding to 3.49% 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
Michael
Vitfell-Rasmussen, Head of Group Investor Relations, +45 53 53 87
25
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 38
- Appendix_Company_Announcement_NO_48-2024
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