Company Announcement
Copenhagen, 22 July 2024
No. 32/2024
ISS A/S, a leading workplace experience and facility management company, announced on 22 February 2024 a new share buyback programme, see company announcement no. 4/2024. The share buyback programme is executed in accordance Regulation (EU) No 596/2014 of the European Parliament and of the Council of 16 April 2014 (the “Market Abuse Regulation”) and the Commission Delegated Regulation (EU) 2016/1052 of 8 March 2016, also referred to as the Safe Harbour Regulation.
Through the programme, ISS wishes to redistribute excess cash to shareholders. The purpose of the share buy-back programme is to (i) reduce the share capital and (ii) meet obligations arising from ISS’ share-based incentive programmes.
Under the programme, ISS will repurchase shares for a maximum consideration of DKK 1 billion from 22 February 2024 to 19 February 2025 at the latest, both days inclusive. The first tranche of the programme of up to DKK 500 million commenced on 22 February 2024 and complete no later than 9 August 2024.
The following transactions have been made under the programme:
Number of sharesAverage purchase price, DKKTransaction value, DKKAccumulated, last announcement3,331,197126.25420,561,58215 July 202437,926121.144,594,22316 July 202435,000119.844,194,37617 July 202435,000121.234,243,01918 July 202435,000124.214,347,39919 July 202435,000124.094,343,143Accumulated under the programme 3,509,123126.04442,283,740
Following the transactions stated above, ISS A/S owns a total of 3,216,678 treasury shares corresponding to 1.73% of the total share capital.
In accordance with the Market Abuse Regulation, the details of each transaction made under the share buyback programme are enclosed.
For investor enquiries
Jacob Johansen, Head of Group Investor Relations, +45 21 69 35 91
For media enquiries
Charlotte Holm, Head of External Communications, +45 41 76 19 89
About ISS
ISS is a leading, global provider of workplace and facility service solutions. In partnership with customers, ISS drives the engagement
