From GlobeNewswire: 2025-05-15 03:19:00

Scandinavian Tobacco Group A/S has completed a reduction of its share capital by DKK 6,000,000, bringing it down to DKK 80,000,000. The company canceled some treasury shares to achieve this reduction, resulting in a total of 80,000,000 shares at DKK 1 each. The capital reduction has been registered with the Danish Business Authority. The company is a top manufacturer of cigars, producing over four billion annually and holding market-leading positions in various categories. Headquartered in Copenhagen, Scandinavian Tobacco Group employs around 10,000 people across multiple countries. For more information, visit their website.



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