Cadeler A/S Form 6-K Summary
Business Context and Reporting Period
Company: Cadeler A/S (NYSE: CDLR, OSE: CADLR)
Filing Date: May 30, 2025
Reporting Period: May 26, 2025 to May 30, 2025
Business Overview: Cadeler is a global leader in offshore wind installation, operations, and maintenance services, operating the industry's largest fleet of jack-up offshore wind installation vessels.
Key Financial Metrics and Transaction Data
This filing details the completion of a share buy-back programme initiated on May 26, 2025. The programme was terminated early on May 30, 2025, as the maximum number of shares to be repurchased was reached.
| Metric | Value |
|---|---|
| Total Shares Repurchased | 395,200 |
| Weighted Average Purchase Price | NOK 49.92 |
| Total Aggregate Purchase Price | NOK 19,728,604 (approx. EUR 1.7 million) |
| Programme Cap (Authorized) | NOK 22.5 million (approx. EUR 1.9 million) |
| Treasury Shares Held Post-Programme | 478,345 shares |
| Treasury Shares as % of Total Capital | < 0.1% |
Material Changes and Programme Details
- Early Termination: The buy-back programme concluded on May 30, 2025, ahead of the anticipated termination date of June 6, 2025.
- Purpose: Shares were repurchased to meet obligations arising from employee share-based incentive programmes in accordance with the EU Market Abuse Regulation and Safe Harbour Rules.
- Trading Activity: Transactions occurred on the Oslo Stock Exchange (XOSL) across four trading days (May 26, 27, 28, and 30).
- Price Range: Daily weighted average prices ranged from NOK 49.11 (May 26) to NOK 50.64 (May 30).
Guidance, Outlook, and Management Commentary
The filing does not contain forward-looking financial guidance, revenue outlook, or management commentary regarding operational performance. The document is strictly a disclosure of share repurchase transactions and the completion of the specific buy-back programme.
Investor Verification Checklist
- Treasury Share Impact: Verify the impact of the 478,345 treasury shares on earnings per share (EPS) calculations in future reports.
- Capital Allocation: Confirm the remaining cash position of the company following the outflow of approx. NOK 19.7 million.
- Employee Incentives: Review the terms of the share-based incentive programmes to understand the vesting schedule for the repurchased shares.
- Share Count: Confirm the updated total number of outstanding shares following the reduction of 395,200 shares.