Demant raises 2026 outlook and resumes share buybacks

Several major corporations have announced updates regarding their financial performance and share repurchase programmes.

Demant has raised its 2026 expectations and resumed a share buyback programme of at least 3 billion DKK. The company reported third-quarter revenue of 6,624 million DKK, driven by 17% organic growth in its hearing aids segment following the launch of Oticon Reveal.

Novo Nordisk continues its share repurchase programme, having repurchased 23,090,000 B shares for approximately 6.76 billion DKK since its recent announcement. The company's broader repurchase programme aims for up to 15 billion DKK over a 12-month period.

Other companies reported progress on buyback initiatives: ING repurchased 2,300,000 shares during the first week of October as part of a €1.0 billion programme; Trifork Group has acquired treasury shares totaling approximately 56.4 million DKK; and FLSmidth has repurchased 1,237,673 shares under its DKK 1.0 billion programme.