Business
Bavarian Nordic Launches Planned Share Buy-Back Program
COPENHAGEN, Denmark, January 7, 2026 – Bavarian Nordic A/S (OMX: BAVA) today launches the first tranche of the share buy-back program announced on December 2, 2025, under which the Company intends to repurchase own shares for up to DKK 500 million during 2026. The first tranche will comprise buy-back of shares for up to DKK 150 million, which will be held as treasury stock for the purpose of adjusting the capital structure. The share buy-back program is initiated pursuant to the authorization gr
About this update from Bavarian Nordic A/s
[{"type":"image","alt":"Bavarian Nordic A/S","displaySize":"","headline":null,"caption":"Bavarian Nordic A/S","className":"","disableSlideshowImg":false,"size":{"original":{"width":224,"height":118,"url":"https://media.zenfs.com/en/globenewswire.com/8b66f55ff95ddf48491741d682cbdfa0"},"resized":{"url":"https://s.yimg.com/ny/api/res/1.2/X7d037B4FI93H1mEWMcPsw--/YXBwaWQ9aGlnaGxhbmRlcjt3PTQyMDtoPTIyMTtjZj13ZWJw/https://media.zenfs.com/en/globenewswire.com/8b66f55ff95ddf48491741d682cbdfa0","width":224,"height":118}},"lazy":false},{"type":"text","content":"COPENHAGEN, Denmark, January 7, 2026 – Bavarian Nordic A/S (OMX: BAVA) today launches the first tranche of the share buy-back program announced on December 2, 2025, under which the Company intends to repurchase own shares for up to DKK 500 million during 2026.","length":260,"tagName":"p"},{"type":"text","content":"The first tranche will comprise buy-back of shares for up to DKK 150 million, which will be held as treasury stock for the purpose of adjusting the capital structure.","length":166,"tagName":"p"},{"type":"text","content":"The share buy-back program is initiated pursuant to the authorization granted at the annual general meeting on April 9, 2025, and in accordance with Regulation (EU) No. 596/2014 (as amended) of the European Parliament and of the Council on market abuse and Commission Delegated Regulation (EU) 2016/1052, which together constitute the Safe Harbour Regulation.","length":359,"tagName":"p"},{"type":"text","content":"Bavarian Nordic has appointed Nordea as lead manager to execute the share buy-back in accordance with the terms of the program and with authorization to make trading decisions independently and without influence of Bavarian Nordic.","length":231,"tagName":"p"},{"type":"text","content":"Terms of the program","length":20,"tagName":"p"},{"type":"list","items":[{"val":[{"type":"text","content":"The share buy-back program will commence on January 7, 2026, and will be completed by February 13, 2026, at the latest.","length":119,"tagName":"p"}]},{"val":[{"type":"text","content":"Shares of up to a maximum aggregate purchase price of DKK 150 million may be repurchased.","length":89,"tagName":"p"}]},{"val":[{"type":"text","content":"A maximum of 1,500,000 shares will be repurchased within the duration of the program.","length":85,"tagName":"p"}]},{"val":[{"type":"text","content":"The ...