Bavarian Nordic Advances DKK 250M Buyback, Treasury Holdings Reach 5.07% of Capital
Resolved · corporate · Occurred · Assessed · 2 sources
This assessment is dated 2026-09-28. Check what remains unresolved below before relying on it.
What does this change in the investment case for Bavarian Nordic A/S?
Open-market corporate repurchases absorb 57k shares weekly, expanding EPS and reducing the free-float supply of Bavarian Nordic equity.
| Question | What the evidence establishes |
|---|---|
| What was reported? | Reported factBavarian Nordic repurchased 57,000 shares between September 21 and September 25, 2026, at an average price of DKK 210.94. |
| What else was confirmed? | Reported factTotal accumulated repurchases under the DKK 250 million program stand at 459,322 shares valued at DKK 96.9 million. |
| Does the valuation support acting? | UnknownNo stored valuation assumptions for BVNRY yet — this is the next research task. |
| What would change the assessment? | UnknownWeekly Share Repurchase Filing — Regulatory reporting of week 39 buyback volumes |
What would this event cost your holdings?
Apply your own hypothetical returns to current holding values. The calculator does not infer security effects from this event.
Test this event against my holdingsReported facts
- · Bavarian Nordic repurchased 57,000 shares between September 21 and September 25, 2026, at an average price of DKK 210.94.
- · Total accumulated repurchases under the DKK 250 million program stand at 459,322 shares valued at DKK 96.9 million.
- · The company now holds 5.07% of its total registered share capital in treasury shares.
Public research record
Research framework · page evidenceCompleted event assessment
open market float reduction and direct earnings-per-share accretion
| Type | Claim | Scope |
|---|---|---|
| Assumption | Bavarian Nordic repurchased 57,000 shares between September 21 and September 25, 2026, at an average price of DKK 210.94. | 2026-09-28 |
| Interpretation | open market float reduction and direct earnings-per-share accretion | BVNRY |
Countercase, invalidators, and sources
Program execution continues toward full DKK 250M exhaustion, sustaining daily liquidity absorption.
- · Weekly Share Repurchase Filing — Regulatory reporting of week 39 buyback volumes
- Bavarian Nordic - Transactions in Connection with Share Buy-Back Program · 2026-09-28
What remains unresolved
- Base path
- Weekly buyback cadence continues at steady volumes through program completion.
- Adverse path
- Vaccine order fluctuations or working capital demands prompt early curtailment of discretionary repurchases.
- Supportive path
- Program execution continues toward full DKK 250M exhaustion, sustaining daily liquidity absorption.
- · Weekly Share Repurchase Filing — Regulatory reporting of week 39 buyback volumesthis week
Evidence
- Bavarian Nordic - Transactions in Connection with Share Buy-Back Program2026-09-28
“Between September 21-25, 2026, the company repurchased 57,000 shares at an average price of DKK 210.94, bringing total accumulated repurchases to 459,322 shares worth DKK 96.9 million. The company now holds 5.07% of share capital.”
Supports: Repurchased 57k shares at DKK 210.94, bringing total to 459,322 shares (DKK 96.9M), holding 5.07% in treasury