18 Investor presentation First six months of 2023 Attractive capital allocation to sha Annual cash return to shareholders DKK billion 70 60 13 50 10 40 8 8 30 16 14 20 13 30 10 17 20 24 0 2020 2021 2022 2023E Interim Dividend Dividend Share Repurchase Note: Share repurchase programmes run for 12 months starting in February. The total programme may be reduced in size if signi
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