Royal Unibrew A/S (CPSE:RBREW) announces a share repurchase program. Under the plan, the company will repurchase up to DKK 250 million worth of shares. The shares are bought back so that the company’s total holding of treasury shares following the acquisition cannot exceed 10% of the share capital. The shares will be purchased at a price not exceeding the higher of the price of the latest independent transaction and the highest independent bid on NASDAQ Copenhagen A/S. The purpose of the buyback program is to adjust the capital structure of the company. The company will be entitled to suspend the share buy-back program in the event of material changes to the company’s circumstances or in the market. The share buy-back program will be valid up to December 31, 2021.