BuybackMay 27, 2026, 09:22 AM
Cadeler Initiates NOK 7.6M Share Buy-Back Program
AI Summary
Cadeler A/S has announced the launch of a share buy-back program totaling up to NOK 7.6 million (approximately EUR 700,000). The program, authorized by shareholders, is intended to fulfill the company's obligations related to its employee share-based incentive programs. It will run from May 27, 2026, to June 5, 2026, and will be conducted in accordance with Market Abuse Regulation Safe Harbour Rules.
Key Highlights
- Cadeler initiates a share buy-back program of up to NOK 7.6 million (approx. EUR 700,000).
- The program aims to meet obligations for employee share-based incentive programs.
- Maximum 105,275 shares, each with a nominal value of DKK 1.00, may be acquired.
- The program runs from May 27, 2026, until June 5, 2026.
- Purchases will not exceed 25% of the average daily trading volume over the preceding 20 trading days.
- The program is managed by an independent lead manager and follows Safe Harbour Rules.
Price Impact
More from CDLR