Pandora reports on share buyback programme.
NORDIC BUSINESS REPORT-August 13, 2019-Pandora reports on share buyback programme
(C)2019 M2 COMMUNICATIONS http://www.m2.com
Pandora A/S (CPH:PNDORA) reported on Monday that under its share buyback programme, it has accumulated a total of 3,594,859 shares, for a total value of DKK938,931,711.
Reportedly, on 13 March 2019, Pandora had initiated a share buy-back programme, the purpose of which is to reduce Pandora's share capital and to meet obligations arising from employee share option programmes.
Under this programme Pandora will buy back shares for an amount up to DKK2.2bn during the period from 14 March 2019 to 19 March 2020 at the latest.
With these transactions, Pandora now owns a total of a total...
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