Scandinavian Investment Group A/S (CPSE:SIG) commences share repurchases on May 21, 2024, under the program mandated by shareholders in the Annual General Meeting held on April 12, 2024. As per the mandate, the company is authorized to repurchase up to the point where the nominal value of the company's total holding of own shares amounts to 25% of the company's nominal share capital. The minimum price to be paid for repurchase is its par value and the maximum value to be paid for repurchase is a price that corresponds to the most recently quoted trading price on Nasdaq Nordic Copenhagen at the time of acquisition. The repurchased shares can be used to cover the company's warrant program from May 1, 2023, or be cancelled or sold to a third party. The authorization will be valid till April 12, 2029.

On May 17, 2024, the company announces a share repurchase program. Under the program, the company will repurchase up to DKK 5 million worth of its shares. The repurchases will commence on May 20, 2024, and the program will expire on June 14, 2024.