Cadeler Share Up Almost 40 Percent in 2026: Cadeler Launches Share Buyback Programme Worth 700,000 Euros

Copenhagen – Danish offshore wind installation specialist Cadeler A/S has launched a share buyback programme with a volume of up to NOK 7.6 million (approximately 700,000 euros). The programme started on 27 May 2026 and runs until 5 June 2026, unless the maximum volume is reached earlier.

The programme is based on an authorisation granted by shareholders at the annual general meeting on 21 April 2026. Cadeler is conducting the programme in compliance with European safe harbour rules under the EU Market Abuse Regulation.

It is being executed by an independent lead manager, who determines the timing and scope of purchases independently.

The purpose of the programme is to meet obligations under certain employee share-based compensation schemes. A maximum of 105,275 shares with a nominal value of DKK 1.00 each may be acquired. The purchase price must not exceed the higher of the last independent trade price or the highest current independent bid at the relevant trading venue. Daily buybacks are capped at 25 percent of the average daily trading volume over the 20 trading days preceding the date of purchase.

The company, which is listed in the renewable energy stock index RENIXX World, reserves the right to suspend or terminate the programme at any time. Transaction data will be published at least every seven trading days on the investor relations website and via stock exchange announcement.

Cadeler operates one of the world's largest fleets of jack-up installation vessels for offshore wind projects, according to the company.

The Cadeler share price was trading up 1.2 percent at 5.635 euros at midday – representing a gain of almost 40 percent since the turn of the year.

Source: IWR Online, May 05 2026