MT Højgaard Holding A/S (CPSE:MTHH) commences share repurchases on November 24, 2020, under the program mandated by the shareholders in the Annual General Meeting held on April 5, 2019. As per the mandate, the company is authorized to repurchase up to 10% of its issued share capital. The purpose of the share buy-back program is to meet MT Højgaard Holding A/S’ obligations arising from the company’s share-based incentive program. The program is valid till April 1, 2024. On November 23, 2020, the company initiated a share repurchase program. Under the program, the company will repurchase up to 75,000 treasury shares, representing 0.96% of its share capital for DKK 15 million. The shares will be repurchased at a price which exceeds the higher of the price of the last independent trade and the highest current independent purchase bid on Nasdaq Copenhagen at the time of the purchase. The program will commence on November 24, 2020 and will expire on September 30, 2021.