Latest news with #Tryg
Yahoo
3 days ago
- Business
- Yahoo
Conclusion of share buyback programme in Tryg - Transactions in connection with share buyback programme
On 04 December 2024, Tryg A/S ('Tryg') announced that the Board of Directors had decided to initiate a share buyback programme of up to DKK 2.0 billion. The share buyback programme is executed in accordance with EU Market Abuse Regulation, EU Regulation no. 596/2014 of 16 April 2014 and the provisions of Commission Delegated Regulation (EU) 2016/1052 of 8 March 2016 (the 'Safe Harbour Regulation'). The share buyback programme will end no later than 30 June 2025. Transactions made under the share buyback programme will be announced through Nasdaq Copenhagen on a weekly basis. The following transactions have been executed in the period 16 June 2025 to 19 June 2025: Number of shares Avg. purchaseprice, DKK Transaction value, DKK 16 June 2025 100,000 164.72 16,472,000 17 June 2025 100,000 164.31 16,431,000 18 June 2025 90,000 165.01 14,850,900 19 June 2025 80,360 164.42 13,212,791 Accumulated for the period 370,360 60,966,691 Accumulated under the programme 12,921,893 1,999,998,741 Detailed information on all transactions under the share buyback programme during the period is included in the attached appendix. Following the above transactions, Tryg owns a total of 8,298,578 treasury shares corresponding to 1.357% of the total share capital. The DKK 2.0 billion share buyback programme has thereby been concluded as per 19 June 2025. Contact information: Gianandrea Roberti, Head of Financial Reporting, SVP +45 20 18 82 67, Robin Hjelgaard Løfgren, Head of Investor Relations, +45 41 86 25 88, Peter Brondt, Investor Relations Director +45 22 75 89 04, Visit Attachment Weekly report on share buyback programme 16 June 2025 - 19 June 2025
Yahoo
30-04-2025
- Business
- Yahoo
Tryg A/S
At Tryg's annual general meeting on 26 March 2025, it was decided to cancel repurchased shares from the Group's share buyback program. The Group's share capital is reduced by nominal DKK 25,088,935 to nominal DKK 3,056,871,610. The reduction of the share capital was announced by the Danish Business Authority on 28 March 2025. Tryg has not received any objections to the capital reduction. Therefore, the reduction is effective as the Danish Business Authority has registered the capital reduction. After the cancellation of the 5,017,787 repurchased shares, Tryg's share capital amounts to nominal DKK 3,056,871,610 equivalent to 611,374,322 shares each carrying 500 votes. The total number of voting rights is 305,687,161,000. Additional information: For further information visit or contact: Gianandrea Roberti, Head of Financial Reporting, SVP +45 20 18 82 67, Robin Hjelgaard Løfgren, Head of Investor Relations, +45 41 86 25 88, Peter Brondt, Investor Relations Director +45 22 75 89 04, Attachment 26_2025.04.30 Tryg capital reductionSign in to access your portfolio
Yahoo
14-04-2025
- Business
- Yahoo
Tryg A/S – Interim report Q1 2025
Tryg's Supervisory Board has today approved the interim report Q1 2025. Tryg reported an insurance service result of DKK 1,540m (DKK 1,280m) and a combined ratio of 84.2% (86.6%) in Q1 2025. The higher insurance service result was supported by a growth of 3.7% in local currencies, a benign level of weather claims, and a continued underlying profitability improvement. The investment result was robust at DKK 320m (DKK 112m). Pre-tax profit was DKK 1,491m (DKK 1,007m) and profit after tax was DKK 1,118m (DKK 776m). Ordinary dividend of DKK 2.05 (DKK 1.95) per share for the quarter, is an increase of more than 5% from last year. The reported solvency ratio at the end of Q1 2025 was 195%, supporting future shareholder remuneration. Tryg launched a DKK 2bn buyback on 4 December 2024, of which some DKK 1.3bn has been bought back at the end of Q1. Financial highlights Q1 2025 Insurance revenue growth of 3.7% in local currencies (4.8%) Insurance service result of DKK 1,540m (DKK 1,280m) Combined ratio of 84.2% (86.6%) Expense ratio of 13.3% (13.5%) Investment result of DKK 320m (DKK 112m) Profit before tax of DKK 1,491m (DKK 1,007m) Ordinary dividend of DKK 2.05 (DKK 1.95) per share and solvency ratio of 195% Customer highlights Q1 2025 Customer satisfaction score of 82 (81) Statement by Group CEO Johan Kirstein Brammer:We have had a good start in executing our 2027 strategy, and I am pleased that we are delivering a solid set of results for the first quarter of the year. We have helped customers with more than half a million claims and paid out more than DKK 6.6 billion in disbursements, while managing to improve customer satisfaction. Especially, the implementation of an improved welcome flow for new customers and even faster claims handling is something that we see customers responding positively to. Meanwhile, the world around us has changed significantly both politically and macroeconomically, and therefore our financial robustness as an insurance company is more crucial than ever. Tryg Group must remain strong so that we can fulfill our obligations to our customers and callTryg hosts a conference call today at 10:00 CET. CEO Johan Kirstein Brammer, CFO Allan Kragh Thaysen, CTO Mikael Kärrsten and Head of Financial Reporting, SVP Gianandrea Roberti will present the results in brief followed by Q& conference call will be held in English. An on-demand version will be available shortly after the conference call has ended. Conference call details:Danish participants: +45 78 76 84 90UK participants: +44 203 769 6819US participants: +1 646 787 0157PIN: 560768The interim report material can be downloaded on shortly after the time of information: Gianandrea Roberti, Head of Financial Reporting, SVP, +45 20 18 82 67, Robin Hjelgaard Løfgren, Head of Investor Relations, +45 41 86 25 88, Peter Brondt, Investor Relations Director +45 22 75 89 04, Camilla Lercke, Head of Communications, SVP +45 53 39 23 84, Visit for more information. Attachment Q1 Interim Report 2025 - TRYG A_SSign in to access your portfolio
