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Pandora completes 4B kroner share buyback program

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Pandora completes 4B kroner share buyback program

Pandora A/S on March 11 said it has completed the share repurchase program it announced in February 2018.

Under the buyback plan, the Danish jewelry maker bought 10,096,677 shares for a total consideration of about 4 billion kroner.

In February, the company said its board proposed to launch an up to 2.2 billion kroner share buyback program, which will begin March 13 and run through March 19, 2020.

As of March 11, US$1 was equivalent to 6.64 Danish kroner.