Park Street A/S (CPSE:PARKST A) commences a share repurchases on March 1, 2022, under the program mandated by the shareholders in the Ordinary General Meeting held on April 22, 2021. As per the mandate, the company is authorized to repurchase up to an aggregated maximum amount corresponding to 35% of the company's class A and B shares. The purchase price paid in connection with the acquisition of the treasury shares must correspond to the price listed on Nasdaq Copenhagen on the date of acquisition. The authorization will be valid until April 21, 2026.

On February 25, 2022, the company announced a share repurchase program. Under the program, the company will repurchase up to 23,266,575 shares, for DKK 250 million. The purpose of the program is to reduce the share capital of company. The repurchase plan is valid till June 30, 2022.