ISS commences the second tranche of its share buyback programme including the announced increase by DKK 600 million
Company Announcement
Copenhagen, 11 August 2026
No. 52/2026
ISS commences the second tranche of its share buyback programme including the announced increase by DKK 600 million
ISS A/S, a leading workplace experience and facility management company, today announces that the Board of Directors has resolved to initiate the second tranche of its share buyback programme, including the increase by DKK 600 million as previously announced with Company Announcement no. 34/2026. Under the programme, ISS will therefore buy back own shares for a maximum consideration of up to DKK 3,100 million, including approx. DKK 1,250 million related to the completed first tranche, and approx. DKK 1,850 million related to the second tranche.
Through the share buyback programme, ISS wishes to redistribute excess cash to shareholders. The purpose of the share buy-back programme is to (i) reduce the share capital and (ii) meet obligations arising from ISS’ share-based incentive programmes.
The share buyback programme is based on an authorisation to acquire treasury shares granted to the Board of Directors by the Annual General Meeting allowing for acquisition of treasury shares with a total nominal value of up to 15% of ISS’ share capital.
The share buyback programme is implemented in accordance with Regulation (EU) No 596/2014 of the European Parliament and of the Council of 16 April 2014 (the “Market Abuse Regulation”) and the Commission Delegated Regulation (EU) 2016/1052 of 8 March 2016, also referred to as the Safe Harbour Regulation.
The share buyback programme was launched on 19 February 2026 and the first tranche of approx. DKK 1,250 million was completed on 7 August 2026, see Company Announcement 50/2026. The second tranche of up to DKK 1,850 million, commences today and completes 22 February 2027 at the latest. ISS has appointed Danske Bank as the lead manager of the second tranche to execute the share buyback programme independently and without influence from ISS.
The programme is implemented under the following framework:
- The maximum total consideration for shares to be bought back in the period of the programme is up to DKK 3,100 million.
- The maximum number of shares of nominally DKK 1 that may be acquired under the programme is nominally 24 million shares.
- The shares may be purchased on Nasdaq Copenhagen (XCSE) and Multilateral Trading Facilities from time to time, including Cboe DXE (CEUX), Turquoise Europe (TQEX) and Aquis (AQEU).
- The maximum number of shares that may be bought in one single trading day will be the equivalent to no more than 25% of the average daily volume of ISS’ shares traded on Nasdaq Copenhagen during the preceding 20 trading days.
- The purchase price paid in connection with acquisition of treasury shares must not deviate by more than 10% from the price quoted on Nasdaq Copenhagen (or such other trading venue as may be decided) at the time of acquisition. The ISS shares may not be bought at a price exceeding the higher of: (i) the share price of the last independent transaction on the trading venue where the purchase is carried out and (ii) the highest current independent purchase bid on the trading venue where the purchase is carried out.
- ISS may suspend or terminate the share buyback programme at any time. Such decision will be disclosed in a company announcement.
- On a weekly basis ISS will issue an announcement in respect of transactions made under the share buyback programme.
For investor enquiries
Michael Vitfell-Rasmussen, Head of Group Investor Relations, +45 53 53 87 25
Anne Sophie Riis, Senior Investor Relations Manager, +45 30 52 94 68
For media enquiries
Charlotte Holm, Head of External Communication, +45 41 76 19 89
ISS is a leading, global provider of workplace and facility service solutions. In partnership with customers, ISS drives the engagement and well-being of people, minimises the impact on the environment, and protects and maintains property. ISS brings all of this to life through a unique combination of data, insight and service excellence at offices, factories, airports, hospitals and other locations across the globe. ISS has more than 325,000 employees around the globe, who we call “placemakers”. In 2025, Group revenue was DKK 84.7 billion. For more information on the ISS Group, visit www.issworld.com
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