Launch of previously announced share buy-back programme of up to DKK 1.4 billion

About this update from Flsmidth & Co. A/s

[{"type":"image","alt":"FLSmidth A/S","displaySize":"","headline":null,"caption":"FLSmidth A/S","className":"","disableSlideshowImg":false,"size":{"original":{"width":300,"height":300,"url":"https://media.zenfs.com/en/globenewswire.com/01b8928387195a0420c9d61a8529c563"},"resized":{"url":"https://s.yimg.com/ny/api/res/1.2/wJ0hEbwVdaZJG0zSfKdl9Q--/YXBwaWQ9aGlnaGxhbmRlcjt3PTQyMDtoPTQyMDtjZj13ZWJw/https://media.zenfs.com/en/globenewswire.com/01b8928387195a0420c9d61a8529c563","width":300,"height":300}},"lazy":false},{"type":"text","content":"COMPANY ANNOUNCEMENT NO. 12-2025","length":32,"tagName":"p"},{"type":"text","content":"FLSmidth & Co. A/S 25 June 2025","length":36,"tagName":"p"},{"type":"text","content":"Copenhagen, Denmark","length":19,"tagName":"p"},{"type":"text","content":"","length":0,"tagName":"p"},{"type":"text","content":"With reference to Company Announcement no. 11-2025, FLSmidth & Co. A/S (“FLSmidth”) will today, 25 June 2025, launch the previously announced share buy-back programme of up to DKK 1.4 billion to be completed before the next Annual General Meeting, which is expected to be held on 24 March 2026.","length":298,"tagName":"p"},{"type":"text","content":"The share buy-back programme is carried out with the objective of adjusting the capital structure of FLSmidth and to meet obligations arising from share-based incentive programmes. Accordingly, any shares repurchased under the share buy-back programme that are not intended to cover obligations related to the company’s share-based incentive programmes are ultimately intended to be proposed for cancellation at a General Meeting following the completion of the share buy-back programme.","length":487,"tagName":"p"},{"type":"text","content":"AuthorisationThe share buy-back programme is initiated pursuant to the authorisation granted to the Board of Directors at the Annual General Meeting on 2 April 2025, allowing the company in the period until the next Annual General Meeting to be held in 2026 to acquire its own shares up to an aggregate nominal amount corresponding to 10 percent of the company’s share capital. The consideration must according to the authorisation not deviate by more than 10% from the official price quoted on Nasdaq Copenhagen at the time of acquisition. Prior to the commencement of the share buy-back programme, FLSmidth held a total of 567,002 shares, correspondi...

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