TRYG Tryg A/S

Share Buyback concluded - transactions in connection with share Buyback programme

Share Buyback concluded - transactions in connection with share Buyback programme

 

On 13 October 2023, Tryg A/S (“Tryg”) announced that the Board of Directors had decided to initiate a share buyback programme of up to DKK 1.0 billion. The share buyback programme is executed in accordance with EU Market Abuse Regulation, EU Regulation no. 596/2014 of 16 April 2014 and the provisions of Commission Delegated Regulation (EU) 2016/1052 of 8 March 2016 (the “Safe Harbour Regulation”). The share buyback programme will end no later than 31 January 2024.

Transactions made under the share buyback programme will be announced through Nasdaq Copenhagen on a weekly basis.

The following transactions have been executed in the period 29 January 2024 to 31 January 2024:

 Number

of shares
Avg. purchase

price, DKK
Transaction value, DKK
29 January 2024 100,000 147.14 14,714,000
30 January 2024 105,000 147.12 15,447,600
31 January 2024 101,300 147.74 14,966,062
Accumulated for the period306,300-45,127,662
Accumulated under the programme6,937,300-999,996,615

Detailed information on all transactions under the share buyback programme during the period is included in the attached appendix.

Following the above transactions, Tryg owns a total of 19,436,274 treasury shares corresponding to 3.177% of the total share capital.

The DKK 1.0 billion share buyback program has thereby been concluded as per 31 January 2024.

Attachment



EN
31/01/2024

Underlying

To request access to management, click here to engage with our
partner Phoenix-IR's CorporateAccessNetwork.com

Reports on Tryg A/S

 PRESS RELEASE

Tryg A/S – total number of voting rights and capital

Tryg A/S – total number of voting rights and capital With reference to section 32 of the Danish Capital Markets Act (Kapitalmarkedsloven), Tryghereby publishes the company's total number of voting rights and the total share capital. After the capital decrease registered on 29 April 2024 the company's share capital was reduced by nominal DKK 92,214,355 to nominal DKK 3,081,960,545. Tryg's nominal share capital amounts to DKK 3,081,960,545 equivalent to 616.392.109 shares and 308,196,054,500 voting rights as of 30 April 2024. Attachment

 PRESS RELEASE

Tryg A/S – capital reduction

Tryg A/S – capital reduction   At Tryg’s annual general meeting on 21 March 2024, it was decided to cancel repurchased shares from the Group’s share buy back programmes. The Group’s share capital is reduced by nominal DKK 92,214,355 to nominal DKK 3,081,960,545. The reduction of the share capital was announced by the Danish Business Authority on 22 March 2024. Tryg has not received any objections to the capital reduction. Therefore, the reduction is effective as the Danish Business Authority has registered the capital reduction. After the cancellation of the 18,442,871 repurchased share...

 PRESS RELEASE

Tryg shares are traded ex-dividend

Tryg shares are traded ex-dividend Today, 18 April 2024, Tryg shares are traded ex-dividend of DKK 1.95. Attachment

Håkon Astrup
  • Håkon Astrup

Tryg (Buy, TP: DKK185.00) - Continued underlying improvement

Q1 PTP was down 15% YOY to DKK1,007m (as we and consensus expected), reflecting the harsh winter weather and a high-profile claim in Sweden. However, the underlying claims ratio extended its long run of improvements, ending 0.5%-points stronger YOY. Given the ongoing premium repricing and CMD in December, we expect focus to remain on maintaining underwriting discipline, supporting continued improvements. We have made limited changes to our 2025–2026e net profit, and reiterate our BUY and DKK185 ...

 PRESS RELEASE

Reporting of trading in Tryg shares by senior management and their rel...

Reporting of trading in Tryg shares by senior management and their related parties  CEO Johan Kirstein Brammer has transferred 4,365 Tryg shares at DKK 138.8 for a total amount of DKK 605,862 on 17 April 2024.                                                            Attachment

ResearchPool Subscriptions

Get the most out of your insights

Get in touch