Bavarian Nordic Advances DKK 250M Program with 459,322 Shares Repurchased
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?
Direct open-market corporate equity retirement absorbs floating supply, supporting BVNRY earnings per share and return on 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 initiated September 1, 2026, reached 459,322 shares. |
| Does the valuation support acting? | UnknownNo stored valuation assumptions for BVNRY yet — this is the next research task. |
| What would change the assessment? | UnknownBavarian Nordic Weekly Buyback Pace — Track weekly purchase volume toward the remaining DKK 153.1M program authorization. |
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 initiated September 1, 2026, reached 459,322 shares.
- · The accumulated repurchased shares represent DKK 96.9 million and 5.07% of the company's total share capital.
Public research record
Research framework · page evidenceCompleted event assessment
open-market share count reduction supporting per-share valuation
| 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 share count reduction supporting per-share valuation | BVNRY |
Countercase, invalidators, and sources
Full execution of the DKK 250M program tightens float and provides price support through year-end.
- · Bavarian Nordic Weekly Buyback Pace — Track weekly purchase volume toward the remaining DKK 153.1M program authorization.
- Bavarian Nordic - Transactions in Connection with Share Buy-Back Program · 2026-09-28
What remains unresolved
- Base path
- Routine daily repurchases proceed at scheduled pacing toward program completion.
- Adverse path
- Operational cash flow requirements lead to programmatic pause before full deployment.
- Supportive path
- Full execution of the DKK 250M program tightens float and provides price support through year-end.
- · Bavarian Nordic Weekly Buyback Pace — Track weekly purchase volume toward the remaining DKK 153.1M program authorization.this 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.”
Supports: Repurchased 57,000 shares between Sep 21-25 at DKK 210.94; total repurchases hit 459,322 shares worth DKK 96.9M.