DAMPSKIBSSELSKABET NORDEN A/S – WEEKLY REPORT ON SHARE BUY-BACK
ANNOUNCEMENT NO. 32 - 8 FEBRUARY 2021
On 4 November 2020, 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 4 November 2020 up to and including no later than end February 2021. For details please see announcement no. 87 of 4 November 2020.
Under the share buy-back programme, NORDEN will purchase shares for up to a total of USD 20 million (approximately DKK 126 million). Under the programme, the following transactions have been made:
Date | Number of shares | Average purchase price (DKK) | Transaction value (DKK) |
Total, last announcement | 802,000 | 112.37 | 90,124,698 |
1/2/2021 | 20,000 | 113.26 | 2,265,200 |
2/2/2021 | 18,000 | 115.93 | 2,086,740 |
3/2/2021 | 14,000 | 116.50 | 1,631,000 |
4/2/2021 | 12,000 | 115.83 | 1,389,960 |
5/2/2021 | 10,000 | 115.51 | 1,155,100 |
Accumulated | 876,000 | 112.62 | 98,652,698 |
Since the share buy-back programme was initiated on 4 November 2020, the total number of repurchased shares is 876,000 at a total amount of DKK 98,652,698.
With the transactions stated above, NORDEN holds a total of 3,235,467 treasury shares, corresponding to 7.95%. The total number of shares in NORDEN is 40,700,000 million. Adjusted for treasury shares, the number of shares is 37,464,533.
Kind regards,
Dampskibsselskabet NORDEN A/S
Klaus Nyborg
Chairman
For further information:
Klaus Nyborg, Chairman, tel.: +45 3315 0451