Share buy-back programme of up to DKK 150 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 150 million. ObjectiveThe decision by the Board of Directors to initiate the share buy-back programme is supported by strong earnings and free cash-flow generation, which has resulted in a financial gearing comfortably below the Group’s long-term financial target of 1-2 times EBITDA. The Board of Directors continues to prudently balance further investments in growth with returning value to the Company’s shareholders.