02:36 AM EST, 11/13/2026 (MT Newswires) -- Bavarian Nordic (BAVA.CO) started the second tranche of its share buyback program, with an allocation of up to 250 million Danish kroner, on Friday, according to a same-day release. The Danish vaccine manufacturer is looking to repurchase up to 2 million shares under the tranche, which will run until Jan. 15, 2027. Danske Bank will manage the share purchases on behalf of the company. Bavarian Nordic allocated up to 750 million kroner for the entire program. The new tranche will adjust the company's capital structure, with shares acquired under the scheme earmarked for cancelation.

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