Demant A/S commences an Equity Buyback Plan for 10% of its issued share capital, under the authorization approved on March 5, 2021.

Demant A/S (CPSE:DEMANT) commences share repurchases on March 5, 2021, under the program mandated by the shareholders in the Annual General Meeting held on March 5, 2021. As per the mandate, the company is authorized to repurchase up to 10% of the share capital. The purchase price of such shares must not deviate by more than 10% from the price quoted on NASDAQ OMX Copenhagen A/S at the time of the acquisition. The authorization is valid till the next Annual General Meeting.