Össur hf. (CPSE:OSSR) announces a share repurchase program. Under the program, the company may repurchase up to 2,000,000 shares, representing 0.47% of its issued share capital, for a total cost of $10 million (DKK 65.06 million).

The shares will be repurchased at a price not exceeding the price of the last independent trade or highest current independent bid, whichever is higher. The purpose of the program is to reduce the company's share capital and adjust the capital structure by distributing capital to shareholders in line with the company's capital structure and dividend policy. The program will end no later than December 23, 2022.