Royal Unibrew A/S (CPSE:RBREW) announces a share repurchase program. Under the plan, the company will repurchase up to DKK 300 million worth of shares. 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 program is to adjust the capital structure of the company.

The company will be entitled to suspend the share repurchase program in the event of material changes to the company's circumstances or in the market. The share program will be valid up to June 30, 2022.