Scandinavian Tobacco Group A/S
Scandinavian Tobacco Group A/S: Transactions in connection with share buy-back programme
Company Announcement No. 7/2021 |
Copenhagen, 15 February 2021
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 8 February to 12 February 2021:
Number of shares | Average purchase price, DKK | Transaction value, DKK | |
Accumulated, last announcement | 2,628,051 | 261,665,185 | |
8 February 2021 | 20,000 | 117.74 | 2,354,804 |
9 February 2021 | 12,883 | 117.07 | 1,508,224 |
10 February 2021 | 21,720 | 116.25 | 2,524,848 |
11 February 2021 | 25,000 | 116.03 | 2,900,628 |
12 February 2021 | 30,000 | 116.95 | 3,508,467 |
Accumulated under the program | 2,737,654 | 274,462,156 |
A detailed overview of transactions during the period 8 February – 12 February 2021 is attached to this announcement.
Following the above transactions STG owns a total of 3,014,160 treasury shares, corresponding to 3.01% 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
About Globenewswire
Subscribe to releases from Globenewswire
Subscribe to all the latest releases from Globenewswire by registering your e-mail address below. You can unsubscribe at any time.
Latest releases from Globenewswire
Anoto Group AB28.2.2021 23:46:27 CET | Press release
Year-end report January – December 2020
European Energy A/S28.2.2021 22:27:15 CET | Press release
European Energy A/S: Interim Financial Report Q4 2020
European Energy A/S28.2.2021 21:46:34 CET | Press release
European Energy A/S: Annual Report 2020
Belships ASA28.2.2021 19:48:50 CET | Press release
Belships expands fleet with two new Ultramax bulk carriers
Prosafe SE27.2.2021 14:08:54 CET | Press release
Prosafe SE: Safe Boreas to provide accommodation support at Buzzard
BW Offshore27.2.2021 11:01:34 CET | Press release
BW Offshore: Long-Term Incentive Programme new awards
Financière de Tubize SA27.2.2021 08:01:37 CET | Press release
Annual financial report 2020
In our pressroom you can read all our latest releases, find our press contacts, images, documents and other relevant information about us.
Visit our pressroom