Tranche Update on Pandora A/S's Equity Buyback Plan announced on May 4, 2021.
August 16, 2021 at 02:00 pm
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From May 4, 2021 to August 11, 2021, the company has repurchased 610,300 shares, representing 0.61% for DKK 499.94 million. With this, the company has completed the repurchase of 610,300 shares, representing 0.61% for DKK 499.94 million under the buyback announced on May 4, 2021.
Pandora A/S specializes in the design, manufacturing and marketing of jewelry and related items. Net sales break down by product family as follows:
- charms and carriers (78%);
- other (22%): rings, necklaces, pendants, earrings, chains and diamonds.
At the end of 2023, the group had 6,686 points of sale (of which 2,651 concept stores) worldwide.
Net sales are distributed geographically as follows: Denmark (0.1%), the United States (29.9%), the United Kingdom (14.4%), Italy (9.7%), Germany (4.9%), Australia (4.8%), France (4.5%), China (2.8%) and other (28.9%).