Transactions in connection with share buyback programme

What happened

ISS A/S, a workplace experience and facility management company, reported share purchases under its buyback programme. The programme allows repurchasing shares for a maximum of DKK 3.1 billion over 12 months from 19 February 2026 to 22 February 2027, with the second tranche of up to DKK 1.85 billion running from 11 August 2026.

Confirmed

Global impact / market context

Buying back shares reduces the number of shares in circulation, which can support the value of remaining shares. ISS says the programme redistributes excess cash to shareholders and also helps meet obligations from share-based incentive programmes, which means rewards for employees paid in shares.

Analyst inference

The purchases are made under EU market abuse rules and the Safe Harbour Regulation, which set conditions for buybacks so they are not treated as market manipulation. Daily transaction disclosures let investors track how quickly the DKK 3.1 billion programme is being used.

Analyst inference

What to watch

1. ISS will repurchase shares for a maximum consideration of DKK 3.1 billion, including about DKK 1.25 billion from the completed first tranche, over the 12-month period ending 22 February 2027. Confirmed
2. The programme is intended to reduce share capital and meet obligations from ISS share-based incentive programmes, so watch how much of each goal the buybacks actually serve. Proposed
3. Watch the remaining capacity in the second tranche, up to DKK 1.85 billion, because the pace of daily purchases shows how quickly ISS uses its excess cash. Analyst inference

Evidence

• globenewswire.com