Announcement no. 37/2022
27 June 2022
Transactions in relation to share buyback program
On 14 February 2022, Össur hf. initiated a share buyback program ("Program"), see Company Announcement no. 05/2022.
The purpose of the Program is to reduce the Company's share capital and adjust the capital structure by distributing capital to shareholders in line with the Company's Capital Structure and Capital Allocation Policy. The Program will end no later than 23 December 2022, but the Company is entitled to discontinue the Program at any time. The Company may purchase up to 2,000,000 shares under the Program, corresponding to 0.47% of the current share capital. The total consideration for shares purchased under the Program shall not exceed USD 10 million.
The following transactions have been made under the Program in the period 20 June 2022 - 24 June 2022.
Date No. of Avg. purchase Transaction value in DKK
shares price in DKK
20 June 2022 5,233 29.15 152,546
21 June 2022 5,153 29.41 151,555
22 June 2022 6,501 28.78 187,118
23 June 2022 9,454 28.97 273,895
24 June 2022 2,922 30.56 89,292
Total 29,263 29.20 854,406
Össur has acquired 1,388,481 shares under the Program at the average price of DKK 35.09. Following the above transactions, Össur holds 2,014,848 shares, corresponding to 0.48% of the Company's total share capital.
The Program on Nasdaq Copenhagen is carried out in accordance with Regulation No. 596/2014 of the European Parliament and of the Council on market abuse ("MAR"), and the Commission's delegated regulation 2016/1052.
Edda Lára Lúðvígsdóttir, Investor Relations Director, firstname.lastname@example.org,+354 844 4759
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Össur (Nasdaq Copenhagen: OSSR) is a global leader in non-invasive orthopaedics that helps people live a Life Without Limitations. A recognized "Technology Pioneer" with a rich 50-year history, Össur focuses on improving people's mobility through the delivery of innovative technologies in Prosthetics and Bracing & Supports. Significant investment in research and development have led to over 2,000 patents, award-winning designs, successful clinical outcomes, and consistently strong market positions. Össur is signatory to the UN Global Compact, UN Women's Empowerment Principles, contributes to the UN Sustainable Development Goals and became Carbon Neutral in 2021. Össur operates globally and employs around 4,000 employees. www.ossur.com
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