Bavarian Nordic Reaches 5.07% Capital Repurchased Under DKK 250M Program
Resolved · corporate · Occurred · Assessed · 1 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?
Scheduled share repurchases absorbing DKK 96.9 million across Bavarian Nordic's equity shrink outstanding float by 5.07% to support per-share earnings metrics.
| 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 repurchases under the DKK 250 million program initiated September 1, 2026, reached 459,322 shares worth 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? | UnknownBavarian Nordic buyback deployment threshold — Progress updates toward the DKK 250 million program limit |
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 repurchases under the DKK 250 million program initiated September 1, 2026, reached 459,322 shares worth DKK 96.9 million.
- · Repurchased shares now represent 5.07% of Bavarian Nordic's outstanding share capital.
Public research record
Research framework · page evidenceCompleted event assessment
direct share capital contraction via corporate equity buyback
| 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 | direct share capital contraction via corporate equity buyback | BVNRY |
Countercase, invalidators, and sources
Completion of the remaining DKK 153.1 million buyback authorization provides sustained downside valuation support.
- · Bavarian Nordic buyback deployment threshold — Progress updates toward the DKK 250 million program limit
- Bavarian Nordic – Transactions in Connection with Share Buy-Back Program · 2026-09-28
What remains unresolved
- Base path
- Repurchases continue at standard weekly volumes until the DKK 250 million ceiling is reached.
- Adverse path
- Operating cash flows weaken, requiring adjustments to future discretionary capital return allocations.
- Supportive path
- Completion of the remaining DKK 153.1 million buyback authorization provides sustained downside valuation support.
- · Bavarian Nordic buyback deployment threshold — Progress updates toward the DKK 250 million program limitthis 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: Bavarian Nordic repurchased 57,000 shares, bringing total program repurchases to 459,322 shares or 5.07% of share capital.