Share buy-back programme of up to DKK 100 million to be initiated
The Board of Directors of H+H International A/S (hereinafter referred to as “H+H” or “the Company”) has decided to initiate a share buy-back programme of up to DKK 100 million. ObjectiveThe decision by the Board of Directors to initiate the share buy-back programme is supported by a continued strong free cash-flow generation which has led to deleveraging of the Company to a level which is well-below the Company’s long-term financial gearing target of net interest-bearing debt of 1-2 times EBITDA before special items. While acquisitive growth remains the key strategic focus for H+H,