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    GN   DK0010272632

GN STORE NORD A/S

(GN)
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GN Store Nord A/S : Reduction of GN Store Nord's share capital

04/15/2021 | 03:26am EDT

At GN Store Nord’s annual general meeting on March 17, 2021, it was decided to authorize the board of directors to reduce the company’s share capital by nominally DKK 16,368,472 from nominally DKK 569,072,400 to nominally DKK 552,703,928 through the cancellation of treasury shares. In accordance with the authorization, today the board of directors has approved the capital reduction, and the capital reduction has been registered with the Danish Business Authority.

Following the capital reduction, the company’s share capital amounts to nominally DKK 552,703,928 divided into 138,175,982 shares of DKK 4 each.

As a consequence of the capital reduction, the company holds 8,299,342 treasury shares which correspond to 6.0% of the total share capital and voting rights.

For further information, please contact:

Investors and analysts
Henriette Wennicke
Vice President – Investor Relations & Treasury
Tel: +45 45 75 03 33

Or

Rune Sandager
Director – Investor Relations & Treasury 
Tel: +45 45 75 92 57


Press and the media
Lars Otto Andersen-Lange
Head of Media Relations & Corporate Public Affairs
Tel: +45 45 75 02 55



About GN Group

The GN Group enables people to Hear More, Do More and Be More through its intelligent hearing, audio and video collaboration solutions. Inspired by people and driven by our innovation leadership, we leverage technological synergies between our hearing and audio divisions to deliver unique and increasingly individualized user experiences in our products and solutions.

150 years ago, GN was founded with a truly innovative and global mindset. Today, we honor that legacy with world-leading expertise in the human ear, sound and video processing, wireless technology, miniaturization and collaborations with leading technology partners. GN's solutions are marketed by the brands ReSound, Beltone, Interton, Jabra, BlueParrott and FalCom in 100 countries. Founded in 1869, the GN Group employs 6,500 people and is listed on Nasdaq Copenhagen (GN.CO).

Visit our homepage GN.com - and connect with us on LinkedIn, Facebook and Twitter.

Attachment

  • Announcement 11 - Reduction of GN Store Nord’s share capital

© OMX, source GlobeNewswire - EU Press Releases

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Financials
Sales 2021 16 826 M 2 697 M 2 697 M
Net income 2021 2 210 M 354 M 354 M
Net Debt 2021 4 775 M 765 M 765 M
P/E ratio 2021 31,8x
Yield 2021 0,43%
Capitalization 68 807 M 11 021 M 11 027 M
EV / Sales 2021 4,37x
EV / Sales 2022 3,93x
Nbr of Employees 6 736
Free-Float 90,9%
Chart GN STORE NORD A/S
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Technical analysis trends GN STORE NORD A/S
Short TermMid-TermLong Term
TrendsBullishNeutralNeutral
Income Statement Evolution
Consensus
Sell
Buy
Mean consensus OUTPERFORM
Number of Analysts 18
Average target price 573,11 DKK
Last Close Price 543,80 DKK
Spread / Highest target 23,2%
Spread / Average Target 5,39%
Spread / Lowest Target -27,4%
EPS Revisions
Managers and Directors
NameTitle
RenÚ Svendsen-Tune Co-President & Co-Chief Executive Officer
Jakob Gudbrand Co-President & Co-Chief Executive Officer
Peter La Cour Gormsen Chief Financial Officer
Per Wold-Olsen Chairman
Anders Quist D÷lek Manager-Risk & Compliance
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