Dampskibsselskabet NORDEN A/S – weekly report on share buy-back
ANNOUNCEMENT NO. 198 - 3 OCTOBER 2022
On 18 August 2022, 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 18 August 2022 up to and including no later than 1 November 2022. For details, please see announcement no. 158 of 18 August 2022.
Under the share buy-back programme, NORDEN will purchase shares for up to a total of USD 40 million (approximately DKK 290 million). Under the programme, the following transactions have been made:
|
Date |
Number of shares |
Average purchase price (DKK) |
Transaction value (DKK)
|
|
Total, last announcement |
509,100 |
345.58 |
175,933,908 |
|
26/09/2022 |
25,000 |
315.89 |
7,897,250 |
|
27/09/2022 |
25,000 |
324.16 |
8,104,000 |
|
28/09/2022 |
25,000 |
320.15 |
8,003,750 |
|
29/09/2022 |
22,000 |
317.22 |
6,978,840 |
|
30/09/2022 |
22,000 |
319.90 |
7,037,800 |
|
Accumulated |
628,100 |
340.64 |
213,955,548 |
Since the share buy-back programme was initiated on 18 August 2022, the total number of repurchased shares is 628,100 at a total amount of DKK 213,955,548.
With the transactions stated above, NORDEN holds a total of 2,482,412 treasury shares, corresponding to 6.71%. The total number of shares in NORDEN is 37,000,000 million. Adjusted for treasury shares, the number of shares is 34,517,588.
Kind regards,
Dampskibsselskabet NORDEN A/S
Klaus Nyborg
Chairman
For further information:
Thomas France, Investor Communications Partner, tel.: 3315 0451