FLSmidth Completes Share Buy-Back Programme Transactions
News related to:FLSmidth & Co. A/S · 1 min read
FLSmidth & Co. A/S, a global technology and service supplier to the mining industry, has announced the completion of a series of share buy-back transactions under its ongoing programme. On 18 May 2026, the company initiated a share buy-back programme with a maximum budget of DKK 1 billion, aimed at repurchasing up to 2.3 million shares, or approximately 4.0 percent of the company's share capital.
According to the latest update, FLSmidth has executed transactions within the programme during the period from 31 August 2026 to 4 September 2026. While the specific details of each transaction are detailed in an appendix attached to the company announcement, it is noted that the programme continues to be executed in accordance with the relevant regulatory guidelines, including Article 5 of Regulation (EU) No. 596/2014 and the Safe Harbour Regulation (EU) 1052/2016.
As of the latest transactions, FLSmidth now holds a total of 4,408,644 shares as treasury shares, representing 7.65 percent of the company’s total share capital. The company's commitment to its mission, which aims to achieve zero emissions in the mining industry by 2030, underscores its dedication to environmental sustainability and operational excellence.
FLSmidth operates within the full flowsheet technology and service supply chain, working to improve performance, reduce operating costs, and lessen environmental impact for its mining industry customers. The share buy-back programme is part of the company's broader strategy to optimize its capital structure and strengthen its financial position, while also reflecting its ongoing support for shareholder interests.
The transactions under the share buy-back programme are a significant aspect of FLSmidth's strategic financial management and align with the company’s commitment to maintaining a balanced capital structure. This initiative is expected to contribute to the long-term stability and growth of the company, as it continues to drive innovation and sustainability in the global mining sector.