Scandinavian Tobacco Group A/S: Transactions in connection with share buy-back programme


Company Announcement
No. 24/2021


Copenhagen, 10 May 2021

Transactions in connection with share buy-back programme

On 10 March 2021, Scandinavian Tobacco Group A/S (“STG”) announced that a share buy-back programme of an aggregated price of up to DKK 600 million was launched with the purpose to adjust the Company’s capital structure and meet obligations relating to the Group’s share-based incentive programme.

The buy-back programme is executed in accordance with Regulation No. 596/2014 of the European Parliament and Council of 16 April 2014 (the “Market Abuse Regulation”) and Commission Delegated Regulation (EU) 2016/1052, also referred to as the Safe Harbour rules. The share buy-back programme will end no later than 28 February 2022.

The following transactions have been executed from 3 May to 7 May 2021:

 Number of sharesAverage purchase price, DKKTransaction value, DKK
Accumulated, last announcement801,829 97,214,954
  3 May 202120,000112.292,245,878
  4 May 202120,000112.882,257,634
  5 May 202124,790115.102,853,344
  6 May 202115,000127.001,905,006
  7 May 202120,000138.332,766,534
Accumulated under the program901,619 109,243,350

A detailed overview of transactions during the period 3 May – 7 May 2021 is attached to this announcement.

Following the above transactions STG owns a total of 4,135,867 treasury shares, corresponding to 4.14% of the total share capital.

For further information, please contact:
Investors: Torben Sand, Head of Investor Relations,
phone: +45 5084 7222 or

Media: Simon Mehl Augustesen, Director of Group Communications,
phone: +1 484-379-8725 or



Company Announcement no 24 2021 7 MAY 2021 PUBLIC_SBB_SCANDINAVIAN TOBACCO GROUP