Answer: The brief announcement does not disclose the specific dollar amount or the exact number of shares that Royal Unibrew repurchased in its February 2025 buy‑back. The company simply noted that the program—originally announced in announcement 3/2025—has now been “successfully completed.” To obtain the precise figures you’ll need to review the full filing (e.g., the detailed press release or the filing on the Danish/European stock exchange) where the total spend and shares repurchased are normally disclosed.
Trading implications:
- Fundamental perspective: Even without the exact numbers, a completed buy‑back signals management’s confidence in the current valuation and a desire to return capital to shareholders. If the buy‑back size is material relative to outstanding shares, earnings per share (EPS) will improve, potentially supporting a higher price‑to‑earnings multiple.
- Technical outlook: Look for a short‑term price reaction around the announcement date (Feb 25). If the stock broke above a key resistance (e.g., the 50‑day EMA or a prior swing high) with accompanying volume, it could indicate bullish momentum that may sustain the rally. Conversely, if the price stalled, the market may be pricing in a modest buy‑back.
Actionable steps:
1. Verify the details – Pull the full 3/2025 announcement to confirm the spend and share count.
2. Quantify impact – Calculate the buy‑back’s percentage of float and the implied EPS uplift; compare that to peers’ recent buy‑backs to gauge relative attractiveness.
3. Position accordingly – If the buy‑back is sizable (e.g., >5 % of float) and the stock is trading near or below its 200‑day moving average, consider a modest long position with a stop just below recent support. If the stock has already run up sharply on the news, watch for profit‑taking and look for short‑term pull‑backs to re‑enter.
Monitoring the follow‑up filing and any subsequent guidance from Royal Unibrew will be essential for refining the trade.