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GMAB Neutral Sentiment Score: 60/100

Genmab A S Share Capital Reduction Company Announcement

Key Takeaway: Genmab A S announced a reduction in its share capital by DKK 1,900,000 through the cancellation of 1,900,000 shares. This decision was made during the company's Annual General Meeting on March 19, 2026, and has been registered with the Danish Business Authority. Following the capital reduction, Genmab's total nominal share capital will be DKK 62,350,721, consisting of 62,350,721 shares. The company is known for its commitment to developing innovative therapies for cancer and other serious diseases.

Market Sentiment Analysis

POSITIVE FACTORS

  • The share capital reduction aims to streamline the company's financial structure.
  • Genmab continues to advance its pipeline with innovative antibody medicines.
  • The company has a history of delivering transformative therapies to patients.

Full Press Release Details

Genmab A S Share Capital Reduction
Company Announcement
COPENHAGEN, Denmark April 17, 2026 - Genmab A S (Nasdaq GMAB) At Genmab A S' Annual General Meeting on March 19, 2026, it was decided to reduce the Company's share capital with nominally DKK 1,900,000 by cancellation of 1,900,000 of the Company's holding of shares with a nominal value of DKK 1 each.
The share capital reduction has today been registered with the Danish Business Authority. Genmab's share capital will be updated in Nasdaq's system as soon as possible and expectedly on Tuesday April 21, 2026. After the share capital reduction, the total nominal value of Genmab A S' share capital is DKK 62,350,721 which is made up of 62,350,721 shares of a nominal value of DKK 1 each, corresponding to 62,350,721 votes.
Genmab is an international biotechnology company dedicated to improving the lives of people with cancer and other serious diseases through innovative antibody medicines. For over 25 years, its passionate, innovative and collaborative team has advanced a broad range of antibody-based therapeutic formats, including bispecific antibodies, antibody-drug conjugates (ADCs), immune-modulating antibodies and other next-generation modalities. Genmab's science powers eight approved antibody medicines, and the company is advancing a strong late-stage clinical pipeline, including wholly owned programs, with the goal of delivering transformative medicines to patients.
Marisol Peron, Senior Vice President, Global Communications Corporate Affairs
T +1 609 524 0065 E mmp genmab.com
Andrew Carlsen, Vice President, Head of Investor Relations
T +45 3377 9558 E acn genmab.com
The Company Announcement contains forward looking statements. The words "believe," "expect," "anticipate," "intend" and "plan" and similar expressions identify forward looking statements. Actual results or performance may differ materially from any future results or performance expressed or implied by such statements. The important factors that could cause our actual results or performance to differ materially include, among others, risks associated with pre-clinical and clinical development of products, uncertainties related to the outcome and conduct of clinical trials including unforeseen safety issues, uncertainties related to product manufacturing, the lack of market acceptance of our products, our inability to manage growth, the competitive environment in relation to our business area and markets, our inability to attract and retain suitably qualified personnel, the unenforceability or lack of protection of our patents and proprietary rights, our relationships with affiliated entities, changes and developments in technology which may render our products or technologies obsolete, and other factors. For a further discussion of these risks, please refer to the risk management sections in Genmab's most recent financial reports, which are available on www.genmab.com and the risk factors included in Genmab's most recent Annual Report on Form 20-F and other filings with the U.S. Securities and Exchange Commission (SEC), which are available at www.sec.gov. Genmab does not undertake any obligation to update or revise forward looking statements in the Company Announcement nor to confirm such statements to reflect subsequent events or circumstances after the date made or in relation to actual results, unless required by law.
Genmab A S and or its subsidiaries own the following trademarks Genmab the Y-shaped Genmab logo Genmab in combination with the Y-shaped Genmab logo HuMax DuoBody HexaBody DuoHexaBody , HexElect and KYSO .

Frequently Asked Questions

What is the share capital reduction amount for Genmab A S?

Genmab A S decided to reduce its share capital by DKK 1,900,000.

When will the reduced share capital be updated in Nasdaq's system?

The reduction is expected to be updated in Nasdaq's system by April 21, 2026.

How many shares does Genmab A S have after the capital reduction?

After the reduction, Genmab A S has 62,350,721 shares of DKK 1 each.

What is Genmab A S' focus in biotechnology?

Genmab A S is dedicated to improving lives through innovative antibody medicines.

Who should be contacted for investor relations at Genmab?

Contact Andrew Carlsen for investor relations at Genmab.

Last updated: Apr 17, 2026