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Össur repurchases 41.6M Danish kroner in shares

Össur hf. bought back 1,478,700 of its own shares at 28.10 Danish kroner each.

The total purchase price was 41.6 million kroner.

The Iceland-based developer of non-invasive orthopedic products said the buyback is intended to adjust the company's capital structure by distributing capital to shareholders.

As of March 12, US$1 was equivalent to 6.05 Danish kroner.