Dampskibsselskabet NORDEN A/S – final weekly report on share buy-back
ANNOUNCEMENT NO. 92 – 22 APRIL 2024
On 8 February 2024, NORDEN initiated a share buy-back programme in accordance with Regulation No. 596/2014 of the European Parliament and Council of 16 April 2014 (MAR) and Commission Delegated Regulation (EU) 2016/1052, (Safe Harbour regulation). The share buy-back programme runs from 9 February 2024 up to and including no later than 19 April 2024. For details, please see announcement no. 30 of 8 February 2024.
Under the share buy-back programme, NORDEN will purchase shares for up to a total of USD 15 million (approximately DKK 105 million). Under the programme, the following transactions have been made:
|
Date |
Number of shares |
Average purchase price (DKK) |
Transaction value (DKK)
|
|
Total, last announcement |
313,304 |
296.79 |
92,986,723 |
|
15/04/2024 |
9,710 |
286.00 |
2,777,043 |
|
16/04/2024 |
9,130 |
289.17 |
2,640,147 |
|
17/04/2024 |
7,536 |
293.55 |
2,212,210 |
|
18/04/2024 |
8,985 |
290.26 |
2,608,003 |
|
19/04/2024 |
6,086 |
283.97 |
1,728,246 |
|
Accumulated |
354,751 |
295.85 |
104,952,371 |
Since the share buy-back programme was initiated on 9 February 2024, the total number of repurchased shares is 354,751 at a total amount of DKK104,952,371.
With the transactions stated above, NORDEN holds a total of 2,878,701 treasury shares, corresponding to 8.47%. The total number of shares in NORDEN is 34,000,000 million. Adjusted for treasury shares, the number of shares is 31,121,299.
During the same period (15/4-24 -19/4-24) major shareholder, Motortramp A/S, has sold 12,847 shares. Please see announcement no. 31/24 and daily reporting.
This concludes the share buy-back.
Kind regards,
Dampskibsselskabet NORDEN A/S
Klaus Nyborg
Chairman
For further information: Stig Frederiksen, Head of Investor Relations, tel.: +45 32 71 08 55, e-mail: sfr@norden.com