On 4 February 2020, Carlsberg A/S announced a share buy-back programme, as described in Company Announcement No. 5/2020. The programme is carried out in accordance with Article 5 of Regulation No 596/2014 of the European Parliament and Council of 16 April 2014 (MAR) and the Commission Delegated Regulation (EU) 2016/1052, also referred to as the Safe Harbour Regulations. According to the programme, Carlsberg A/S will repurchase B shares of up to DKK 2.5bn. The programme is taking place during the period from 4 February 2020 to 7 August 2020, during which a maximum of 10 million B shares will be bought.
The following transactions were made under the share buy-back programme during 6 July - 10 July:
Number of shares bought
Average transaction price
Amount DKK
Accumulated, last announcement
2,383,047
2,023,723,804
6 July 2020
19,986
887.90
17,745,520
7 July 2020
20,846
883.14
18,409,884
8 July 2020
15,000
882.53
13,237,941
9 July 2020
15,462
881.63
13,631,837
10 July 2020
4,337
911.73
3,954,160
Total, 6 July – 10 July 2020
75,631
66,979,342
Bought from Carlsberg Foundation, 10 July 2020*
32,925
885.61
29,158,610
Accumulated under the programme
2,491,603
2,119,861,756
* According to a separate agreement the Carlsberg Foundation participates on a 30.33% pro rata basis to the shares purchased in the share buy-back programme.
With the transactions stated above Carlsberg A/S holds a total of 2,649,757 own B shares, corresponding to 1.8% of the 148,156,806 total A and B shares.
The details of each transaction made under the share buy-back programme are enclosed.
Carlsberg A/S is one of the world's leading beer producers. Net sales break down by activity as follows:
- beer production and sales: 101 million hectoliters sold in 2023 primarily under the Carlsberg and Tuborg brands;
- production, bottling, and distribution of non-alcoholic beverages: carbonated beverages, energy drinks, and mineral waters (24.1 million hectoliters sold in 2022).
At the end of 2023, the group had 71 breweries located in Denmark, in the United Kingdom (3), in Poland (3), in Germany (3), in Western Europe (6), in China (26), in Asia (14), and in Central/Eastern Europe (15).
Net sales are distributed geographically as follows: Western Europe (50.7%), Asia (31.7%), Eastern and Central Europe (17.6%).