Offshore-Windindustry.com

an industry sector with future perspecitves

News 1280 256

Vestas Boosts Investor Confidence: Continues Share Buyback - Additional 520,000 Treasury Shares Acquired

Aarhus (Denmark) – Danish wind turbine manufacturer Vestas Wind Systems A/S continued its ongoing share buyback program as planned during the week from March 12 to March 18, 2026.

As the company announced, a total of 520,000 treasury shares were purchased during this period at an average price of 158.83 Danish kroner per share (approx. €21.30). The total transaction volume amounted to around DKK 82.6 million (approx. €11.1 million).

Since the launch of the program in February 2026, total buybacks now amount to 3.74 million shares. This corresponds to a cumulative investment volume of approximately DKK 594.4 million (around €79.8 million). Vestas has allocated funds of up to DKK 1.12 billion (around €150 million) for the entire program.

Before the start of the program, the company already held just under 19.45 million treasury shares, corresponding to approximately 1.9 percent of its share capital. The buybacks are being carried out in accordance with the EU Market Abuse Regulation (MAR) and the relevant safe harbor rules.

With the share buyback, Vestas aims to return excess liquidity to shareholders while also supporting its share price. The program is scheduled to be completed by May 5, 2026 at the latest.

The stock, which is listed in the global RENIXX index, closed yesterday at €20.84.



Source: IWR Online, 20 Mar 2026