StockWatch
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Deep Sea Foreign Transportation of  Freight
BuybackMay 28, 2026, 06:26 AM

Cadeler Completes Share Buy-Back Program Early

AI Summary

Cadeler A/S announced the early completion of its share buy-back program, which was initiated on May 27, 2026. The program concluded as the maximum number of shares to be repurchased was reached ahead of schedule. The buy-back was intended to fulfill obligations related to employee share-based incentive programs, with a total of 105,275 shares repurchased for approximately NOK 6.6 million.

Key Highlights

  • Cadeler completed its share buy-back program on May 27, 2026, earlier than the anticipated June 5, 2026 termination date.
  • The company repurchased 105,275 shares at a weighted average price of NOK 62.66 per share.
  • The aggregate purchase price for the repurchased shares was NOK 6,596,058 (approximately EUR 610,916).
  • The program was initiated to meet obligations for share-based incentive programs for employees, with a maximum of up to NOK 7.6 million (approx. EUR 0.7 million).
  • Following the program, Cadeler holds 169,267 shares in treasury, representing less than 0.1% of its total share capital and voting rights.