Genmab Initiates DKK 725 Million Share Buy-Back
Analysis based on 14 articles · First reported Feb 17, 2026 · Last updated Mar 02, 2026
The share buy-back program by Genmab is generally viewed positively by the market, as it can increase shareholder value and signal confidence from the company's management. The repurchase of shares reduces the number of outstanding shares, potentially boosting earnings per share and stock price for Genmab.
Genmab, an international biotechnology company, announced the initiation of a share buy-back program on February 17, 2026. The program aims to repurchase up to 342,130 shares, with a maximum aggregate value of DKK 725 million, to fulfill commitments under its Restricted Stock Unit program. The program is expected to conclude by March 31, 2026. Transactions under the program have been executed from February 18 to February 20, 2026, and from February 23 to February 27, 2026, with a total of DKK 271,855,470 accumulated under the program. Following these transactions, Genmab holds 2,763,851 shares as treasury shares, representing 4.30% of its total share capital and voting rights. The program adheres to Regulation (EU) No. 596/2014 ('MAR') and the Commission Delegated Regulation (EU) 2016/1052, also known as the 'Safe Harbour Regulation'.
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