|Bid||318.10 x 0|
|Ask||318.30 x 0|
|Day's Range||315.80 - 320.80|
|52 Week Range||226.70 - 346.60|
|Beta (3Y Monthly)||0.70|
|PE Ratio (TTM)||33.48|
|Earnings Date||Aug 22, 2019|
|Forward Dividend & Yield||1.35 (0.42%)|
|1y Target Est||290.65|
Acting under its share buyback authorization, the GN Store Nord Board of Directors initiated a share buyback program on May 1, 2019, in accordance with article 5 of Regulation.
On 14 May 2019, GN Store Nord A/S (the “Company”) announced the successful placement of its EUR 330 million senior unsecured zero-coupon bonds due 2024 (the “New Bonds”) together with detachable warrants expiring 2024 (the “New Warrants” and together with the New Bonds, the “New Units”) (the “Offering”). On the same day, the Company also announced the successful outcome of a simultaneous reverse bookbuilding process to repurchase any or all of the outstanding EUR 225 million Zero-Coupon Senior Unsecured Bonds due 2022 (the “2017 Bonds”) and/or Unsecured Warrants expiring 2022 (the “2017 Warrants”), whether held on a standalone basis or as part of bond with warrant units due 2022 (the “2017 Units” and, together with the 2017 Bonds and the 2017 Warrants, the “2017 Securities”), each issued by the Company on 31 May 2017 (the “Concurrent Repurchase”).
NOT FOR DISTRIBUTION OR RELEASE IN OR INTO THE UNITED STATES OF AMERICA, AUSTRALIA, CANADA, JAPAN, SOUTH AFRICA OR ITALY, OR ANY OTHER JURISDICTION IN WHICH OFFERS OR SALES WOULD BE PROHIBITED BY APPLICABLE LAW.
The purpose of the transactions is to extend the debt maturity profile of the Company (as defined below) and to increase the general financing base, whilst at the same time limiting the number of underlying shares to an amount not exceeding the number of shares underlying the 2017 Warrants (as defined below). GN Store Nord A/S (the “Company”) today announces the launch of an offering (the “Offering”) of senior unsecured zero-coupon bonds due 2024 (the “New Bonds”) together with detachable warrants expiring 2024 (the “New Warrants”), to be initially comprised in units each consisting of one Bond and one Warrant (the “New Units”).
GN delivered 19% organic revenue growth in Q1 2019. Revenue growth was 24% including around 3% impact from the development in foreign exchange rates and around 1% impact from.
Based on the continued solid business performance and GN’s capital structure policy and in accordance with the authorization granted to the Board of Directors at the annual general meeting on 21 March 2019, GN announces a new share buyback program of DKK 1,000 million to be initiated today and concluded no later than 10 March 2020. The purpose of the program is to reduce the company’s share capital and to cover obligations under the long-term incentive program. The share buyback program is being implemented in accordance with article 5 of the regulation (EU) no. 596/2014 of 16 April 2014 on market abuse and the delegated regulation (EU) no. 2016/1052 of 8 March 2016, also referred to as the Safe Harbor rules.
In accordance with Section 32 of the Danish Capital Markets Act, GN Store Nord A/S is required to publish the total number of voting rights and the size of the share capital in.
At GN Store Nord’s annual general meeting on March 21, 2019, it was decided to reduce the company’s share capital from nominally DKK 582,736,856 to nominally DKK 569,072,400 by.
Banks and the auto sector were the biggest boosts to the benchmark on the day. Italy's MIB led gains in the region with its 0.8 percent rise, having hit an eight-month high earlier the session, while German shares closed up 0.5 percent. Data showed that China's exports rebounded to a five-month high in March, but imports shrank for a fourth straight month and at a faster pace, painting a mixed picture of the economy.
GN Audio has had a very strong start to 2019, with the following preliminary numbers for Q1 2019: Revenue: DKK 1,333 millionOrganic revenue growth: 36%EBITA reported: DKK 192.
In accordance with section 3.3.10 of the Nasdaq Copenhagen Rules for Issuers of Shares and with reference to the Remuneration Policy, including General Guidelines for Incentive Pay approved at the annual general meeting on 21 March 2019, the Board of Directors of GN Store Nord A/S (GN) has granted share options to the Executive Management of GN and other carefully selected key employees of the GN Group. The grant comprises a total of 784,235 share options in GN of which 581,140 have been issued to employees and 203,095 to the Executive Management.
Today, GN Store Nord A/S held its annual general meeting in accordance with the agenda announced on February 27, 2019. The report by the Board of Directors was adopted, both the Annual Report 2018 and the proposal to distribute dividends of DKK 1.35 per share of nominally DKK 4 were approved, and discharge was granted to the Board of Directors and Executive Management. The general meeting approved the remuneration to the Board of Directors for 2019.
Acting under its share buyback authorization, the GN Store Nord Board of Directors initiated a share buyback program on May 2, 2018, in accordance with article 5 of the.