DSV A/SOMXCOP: DSV

DSV, 1174 - launch of new share buyback programme according to the safe harbour method

· Issued by DSV A/S via GlobeNewswire

Summary by 6ix AI

The Board of Directors of DSV A/S decided to buy back its own shares for up to DKK 1,500 million and no more than 2,600,000 shares, starting October 21, 2026 and ending by February 1, 2027 at the latest, both days inclusive.

Key details

  • The 2,600,000-share cap corresponds to 1.09% of DSV A/S's current share capital. DSV says the buyback is to adjust its capital structure and meet obligations under the Group's share-based incentive programmes.
  • The buyback follows the EU Safe Harbour rules, which set conditions under which companies can buy back their own shares. Danske Bank A/S is lead manager and makes its trading decisions independently of DSV A/S.
  • Shares may not be bought at a price more than 5 per cent away from the most recent quoted market price, and daily purchases may not exceed 25% of the average daily trading volume of DSV shares on Nasdaq Copenhagen over the 20 preceding trading days.
  • The buyback uses an authority granted by the Annual General Meeting on March 20, 2025, valid until March 20, 2030, covering a maximum of 24,044,000 shares.
  • DSV says the integration of Schenker is expected to be completed by the end of 2026. DSV will publish transactions under the programme every week and at the end of the programme.

What’s still pending

  • Any shares not used for the incentive programmes will be proposed for cancellation at a future General Meeting of DSV A/S.
  • The amount and number of shares are maximums: up to DKK 1,500 million and no more than 2,600,000 shares.

6ix AI wrote this summary from the release below and checked it against the release.

On 6ix: 6ix.com/news/dsv-1174-launch-of-new-share-buyback-programme-according-to-the-safe-harbour-method-1

Watch DSV's latest callDSV (Copenhagen:DSV) Q3 2026 Earnings Call · Replay · Oct 21Read the transcript of DSV (Copenhagen:DSV) Q3 2026 Earnings Call

Company Announcement No. 1174

This announcement contains publication of inside information pursuant to Article 17 of the EU Market Abuse Regulation.

With the integration of Schenker expected to be completed by the end of 2026 and with DSV on track for further deleveraging of its capital structure, the Board of Directors of DSV A/S has decided to exercise the authority to buy back shares granted by the Annual General Meeting on 20 March 2025. The authority is valid until 20 March 2030 and covers a maximum of 24,044,000 shares.

Purpose

The purpose of the share buyback is to adjust the capital structure and meet obligations relating to the Group’s share-based incentive programmes. Any shares not used for these programmes will be proposed for cancellation at a future General Meeting of DSV A/S.

Time frame

The share buyback programme will commence on 21 October 2026 and will be completed by 1 February 2027, at the latest, both days inclusive. During this period, DSV A/S will buy own shares up to a maximum of DKK 1,500 million in accordance with Regulation No. 596/2014 of the European Parliament and Council of 16 April 2014 (MAR) and Commission Delegated Regulation (EU) 2016/1052, also referred to as the Safe Harbour rules.

Buyback terms 

•  DSV A/S is required to retain a lead manager who is to make its own trading decisions independently of and without influence from DSV A/S and execute the buyback within the announced limits. DSV A/S has designated Danske Bank A/S as its lead manager for the share buyback.
•  Under the share buyback programme, DSV A/S may repurchase shares up to a maximum aggregate purchase price of DKK 1,500 million, and no more than 2,600,000 shares, corresponding to 1.09% of the current share capital of DSV A/S.
•  The shares may in no event be bought at a price deviating by more than 5 per cent from the most recently quoted market price of the shares at the time of purchase.
•  The shares shall not be purchased at a price higher than the price of the last independent trade or higher than the current highest independent bid on the trading venue on which the purchase is carried out.
•  The maximum number of shares that can be repurchased on any single trading day may not be greater than 25% of the average daily trading volume of DSV shares on Nasdaq Copenhagen during the 20 preceding trading days before the trading day.

A company announcement of any transactions under the programme will be published every week after commencement and at the end of the programme.

Contacts
Investor Relations
Stig Frederiksen, tel. +45 29 34 98 70, stig.frederiksen@dsv.com
Alexander Plenborg, tel. +45 43 20 33 73, alexander.plenborg@dsv.com

Yours sincerely,
DSV A/S

Attachment

  • 1174 - Announcement (21.10.2026) - LAUNCH OF NEW SHARE BUYBACK PROGRAMME ACCORDING TO THE SAFE HARBOUR METHOD

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