Frankfurt - Delayed Quote • EUR Pandora A/S (3P7.F) Follow Compare 172.50 +3.30 +(1.95%) As of 9:04:50 AM GMT+1. Market Open. All News Press Releases SEC Filings All SEC Filings Corporate Changes & Voting Matters Periodic Financial Reports Proxy Statements Tender Offer/Acquisition Reports Offering Registrations Transactions in connection with share buyback programme On 7 February 2024, Pandora announced a new share buyback programme, cf. Company announcement no. 843. The share buyback programme is executed in accordance with Regulation (EU) No 596/2014 of the European Parliament and of the Council of 16 April 2014 on market abuse (market abuse regulation). The purpose of the programme is to reduce Pandora’s share capital and to meet obligations arising from company incentive programmes. Under the programme Pandora will repurchase shares for an aggregate max MAJOR SHAREHOLDER ANNOUNCEMENT In accordance with section 30 of the Capital Markets Act, Pandora A/S hereby announces thatBlackRock, Inc. has notified the company of its control over voting rights for 7,173,063 shares, representing 8.74% of the total share capital and voting rights (previously 8.77%). Additionally, BlackRock, Inc. controls voting rights attached to financial instruments amounting to 1.20% (previously 1.24%). In total, BlackRock, Inc. controls 9.95% of the company’s voting rights (previously 10.01%). ABOUT PAN TRADING IN PANDORA A/S SHARES BY BOARD MEMBERS, EXECUTIVES AND ASSOCIATED PERSONS Pandora A/S has been notified of transactions in the Pandora A/S share by persons discharging managerial responsibilities and/or closely associated persons. Alexander Lacik, Chief Executive Officer of Pandora A/S, has reported the sale of 10,000 shares at a total consideration of DKK 10,762,768, and now holds a total of 247,205 shares in the company. Towards Pandora A/S, Alexander Lacik has motivated his transaction as pertaining to his fulfilment of certain tax obligations arising from vested s Pandora delivers 11% organic growth in Q3 Financial highlights Pandora continues to execute on its Phoenix strategy and change the perception of Pandora into a full jewellery brand; investments across the value chain are elevating the brand and driving growth across collections.Q3 2024 organic growth was 11%, comprising of Like-for-like (LFL) growth of 7%, network expansion of 5% and -1% from phasing of sell-in to partners and other.LFL growth in key European markets came in at 4%, the US remained solid at 6% whilst Rest of Pandora cont Stocks to watch this week: Berkshire Hathaway, Super Micro, Novo Nordisk, Vistry and M&S Earnings preview of key companies reporting this week and what to look out for. The best funds to invest in according to expert research teams Picking the right funds to invest in can be daunting task with so many to choose from. Here are the top picks from Bestinvest's research teams. AstraZeneca becomes Britain’s first £200bn company AstraZeneca has become Britain’s first £200bn company following a 20pc rally in its share price since the start of the year. Shares in the pharmaceutical business rose 1.1pc yesterday to value the company at £200.3bn. Pandora delivers 15% organic growth in Q2 – raises 2024 revenue guidance again Financial highlights The Pandora brand keeps strengthening. This leads to higher traffic into the stores and drives revenue growth.Q2 2024 organic growth was 15%, comprising of Like-for-like (LFL) growth of 8%, network expansion of 6% and 1% phasing of sell-in to partners and other. LFL growth in key European markets remained solid at 10%, the US remained robust at 5% whilst Rest of Pandora continued double-digit growth at 13%.The Q2 gross margin reached another all-time high of 80.2%, +210bp vs Pandora successfully prices a EUR 500 million Sustainability-Linked Eurobond Pandora A/S has successfully placed an aggregate principal amount of EUR 500 million senior unsecured sustainability-linked notes due 2030 (the “Notes”) under its EMTN programme. Investor demand for the new issue peaked at more than EUR 1.7 billion, following a one-day marketing exercise. The Notes will be issued 31 May 2024, at a price of 99.001 and with a fixed coupon of 3.875% per annum and will be listed on Euronext Dublin. Moody’s has rated the bonds Baa2 and Standard & Poor’s rating is BBB Pandora delivers 18% organic growth in Q1 – raises 2024 revenue guidance Financial highlights The second phase of Pandora’s Phoenix strategy is off to a strong start. Increased investments are elevating brand desirability and showcasing Pandora’s position as a full jewellery brand.Continued momentum, helped by the early restaging of the brand, drives strong Q1 2024 trading; organic growth ends at 18% with Like-for-like (LFL) growth of 11% and network expansion of 5%.In absolute terms, revenue increased by DKK 1.0 billion compared to Q1 2023.LFL growth in key European PANDORA REDUCES TREASURY SHARES TO LESS THAN 5% OF SHARE CAPITAL In accordance with Section 31 of the Capital Market Act, it is hereby announced that Pandora A/S as of today owns a total of 674,488 treasury shares of nominally DKK 1, hence less than 5% of the total share capital and the total voting rights in the Company. The decrease in number of treasury shares is a consequence of the share capital reduction resolved by the Company’s Annual General Meeting on 14 March 2024, which was effected today cf. Company announcement no. 858. ABOUT PANDORAPandora is t REDUCTION OF PANDORA A/S' SHARE CAPITAL At Pandora A/S’ Annual General Meeting on 14 March 2024, it was resolved to reduce the Company’s share capital with a nominal amount of DKK 7,000,000 by cancellation of 7,000,000 treasury shares of DKK 1. The share capital reduction was announced in the Danish Business Authority's it-system on 14 March 2024 and the 4-week notification period has expired with no objections. The Board of Directors has therefore resolved to effect the share capital reduction. After reduction of the share capital, t Long Term Incentive Plans for Executive Management and Other Key Employees in Pandora Today, Pandora A/S (“Pandora”) announces the annual grant of performance shares for 2024 under its Long-term incentive plan (“LTIP”), in accordance with its Remuneration Policy. The LTIP provides for a target grant of 16,613 shares (maximum: 33,226 shares) to Pandora’s Executive Management, conditional on performance (i.e., the grant is in the form of Performance shares units (“PSUs”)). In total, considering all participants (Executive Management and key employees) a target grant of 120,000 shar Pandora A/S's Dividend Analysis As investors look forward to this upcoming payment, the spotlight also shines on the company's dividend history, yield, and growth rates. Using the data from GuruFocus, let's look into Pandora A/S's dividend performance and assess its sustainability. Course of Annual General Meeting On 14 March 2024 the Annual General Meeting (the “Meeting”) in Pandora A/S (the “Company”) was held. The Meeting considered the following agenda items. 1. The Board of Directors' (the “Board”) report on the Company's activities during the past financial yearThe report was not subject to voting. The Meeting took note of the report. 2. Adoption of the audited Annual Report 2023The audited 2023 Annual Report was adopted. 3. Presentation of the Remuneration Report 2023An advisory vote was cast for a Notice of Annual General Meeting The Annual General Meeting (the “Meeting”) of Pandora A/S (the "Company") is hereby convened to be held on Thursday, 14 March 2024 at 10:00 a.m. CET (doors will open at 9:30) The Meeting will be held at Pandora A/S, Havneholmen 17-19, DK-1561 Copenhagen V, Denmark with the following agenda: The Board of Directors' (the “Board”) report on the Company's activities during the past financial year.Adoption of the audited Annual Report 2023.Presentation of the Remuneration Report 2023.Adoption of prop Germany forced to slash DHL stake by €2.2bn to fix railways Germany has been forced to sell off some of its stake in package deliverer DHL as it struggles to improve the country’s rail network amid a budget crisis. Notice to Noteholders of the EUR 500,000,000 4.500% Sustainability-Linked Notes due 10 April 2028 (ISIN XS2596599147) (the "Notes") issued by Pandora A/S The Issuer refers to Condition 8(f) of the terms and conditions of the Notes and gives notice to the holders of the Notes that: A Recalculation Event (as defined in Condition 8(f)) has occurred. The level of KPI used as baseline (with the Base Year being 2019) for Scope 3 Emissions for the Notes has been recalculated in accordance with applicable SBTi guidance for recalculation. The baseline level for Scope 3 Emissions in respect of the Notes is recalculated to 309,469 tonnes CO2. The Sustainabi Pandora announces a new DKK 4.0 billion share buy-back programme The Board of Directors has decided to launch a new share buy-back programme under which Pandora will buy back own shares for a maximum consideration of DKK 4.0 billion in the period from 8 February 2024 to 31 January 2025 at the latest, both days inclusive. Pandora has appointed BNP Paribas as the sole lead manager on the first DKK 1.3 billion tranche of the buy-back programme, which will run from 8 February 2024 and finish no later than 1 July 2024. The share buy-back programme is implemented i Pandora delivers 8% organic growth in 2023 – targeting 6-9% growth in 2024 FY 2023 highlights The Phoenix strategy is elevating Pandora as the leading accessible jewellery brand globally. Investments across the value chain drove solid growth in 2023 and pave the way for continued growth in 2024.Organic growth ended at +8% (previous guidance of “5-6%”), comprising of LFL (like-for-like) of +6% and network expansion of +4%.The gross margin strengthened further during 2023 and ended at 78.6%, up 230bp Y/Y. The EBIT margin remained solid at 25.0% (guidance of “around 25%”) Performance Overview Trailing total returns as of 1/17/2025, which may include dividends or other distributions. Benchmark is OMX Copenhagen 25 Index Return 3P7.F OMX Copenhagen 25 Index YTD -2.51% -2.13% 1-Year +48.51% -6.15% 3-Year +188.63% -4.18%