Bavarian Nordic – Transactions in Connection with Share Buy-Back Program
COPENHAGEN, Denmark, January 19, 2026 – Bavarian Nordic A/S (OMX: BAVA) announces transactions under the share buy-back program launched on January 7, 2026, under which the Company will repurchase shares for an amount up to DKK 150 million in the period from January 7, 2026 to February 13, 2026. The program is executed in accordance with Regulation (EU) No. 596/2014 (as amended) of the European Parliament and of the Council on market abuse and Commission Delegated Regulation (EU) 2016/1052, which together constitute the Safe Harbour Regulation.
Since the last announcement of transactions on January 12, 2026, the following transactions have been made by Nordea on behalf of Bavarian Nordic:
| Number of shares | Average purchase price, DKK | Transaction value, DKK | |
| Accumulated until January 12, 2026 | 80,895 | 198.68 | 16,072,325 |
| January 12, 2026 | 7,000 | 198.84 | 1,391,904 |
| January 13, 2026 | 25,000 | 198.64 | 4,966,045 |
| January 14, 2026 | 5,957 | 200.04 | 1,191,660 |
| January 15, 2026 | 55,000 | 198.53 | 10,919,222 |
| January 16, 2026 | 16,045 | 198.58 | 3,186,277 |
| Accumulated under the program | 189,897 | 198.67 | 37,727,433 |
The details for each transaction made under the share repurchase program are published on .
Following these transactions, Bavarian Nordic holds a total of 1,156,742 treasury shares, corresponding to 1.46% of the Company’s share capital.
About Bavarian Nordic
Bavarian Nordic is a global vaccine company with a mission to improve health and save lives through innovative vaccines. We are a preferred supplier of mpox and smallpox vaccines to governments to enhance public health preparedness and have a leading portfolio of travel vaccines. For more information, visit
Forward-looking statements
This announcement includes forward-looking statements that involve risks, uncertainties and other factors, many of which are outside of our control, that could cause actual results to differ materially from the results discussed in the forward-looking statements. Forward-looking statements include statements concerning our plans, objectives, goals, future events, performance and/or other information that is not historical information. All such forward-looking statements are expressly qualified by these cautionary statements and any other cautionary statements which may accompany the forward-looking statements. We undertake no obligation to publicly
Contact investors:
Europe: Disa Tuominen, IR Manager,
US: Graham Morrell, Gilmartin Group, , Tel:
Contact media:
Nicole Seroff, Vice President Corporate Communications, , Tel:
Company Announcement no. 03 / 2026
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