European Firms Launch New Share Buyback Programs

Several European companies have recently announced or executed share buy-back programs for purposes including employee share schemes and enhancing shareholder value. Entra ASA plans to repurchase 97,558 shares for its employee share saving scheme, with purchases expected to complete by June 10, 2025. KONGSBERG has acquired 170,300 shares under its employee share program, now holding a total of 173,283 own shares. Royal Unibrew is conducting a buy-back program capped at DKK 250 million and currently holds 383,289 shares, representing 0.8% of its share capital. Evolution AB purchased 202,847 shares in late May, now holding nearly 600,000 shares as part of ongoing efforts to improve capital structure. These initiatives reflect a broader trend among listed European firms to use share buy-backs for employee incentives and capital management.