DAMPSKIBSSELSKABET norden A/S – weekly report on share buy-back
ANNOUNCEMENT NO. 120 - 11 JULY 2022
On 6 July 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 6 July 2022 up to and including no later than 16 August 2022. For details, please see announcement no. 117 of 6 July 2022.
Under the share buy-back programme, NORDEN will purchase shares for up to a total of USD 15 million (approximately DKK 106 million). Under the programme, the following transactions have been made:
|
Date |
Number of shares |
Average purchase price (DKK) |
Transaction value (DKK)
|
|
Total, last announcement |
0 |
0 |
0 |
|
06/07/2022 |
20,000 |
232.21 |
4,644,200 |
|
07/07/2022 |
17,000 |
242.59 |
4,124,030 |
|
08/07/2022 |
17,000 |
247.29 |
4,203,930 |
|
Accumulated |
54,000 |
240.23 |
12,972,160 |
Since the share buy-back programme was initiated on 6 July 2022, the total number of repurchased shares is 54,000 at a total amount of DKK 12,972,160.
With the transactions stated above, NORDEN holds a total of 1,566,990 treasury shares, corresponding to 4.24%. The total number of shares in NORDEN is 37,000,000 million. Adjusted for treasury shares, the number of shares is 35,433,010.
Kind regards,
Dampskibsselskabet NORDEN A/S
Klaus Nyborg
Chairman
For further information:
Thomas France, Investor Communications Partner, tel.: 3315 0451