DAMPSKIBSSELSKABET NORDEN A/S – weekly report on share buy-back
ANNOUNCEMENT NO. 167 - 29 AUGUST 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 |
27,100 |
387.29 |
10,495,468 |
|
22/08/2022 |
17,000 |
380.37 |
6,466,290 |
|
23/08/2022 |
17,000 |
376.52 |
6,400,840 |
|
24/08/2022 |
18,000 |
376.38 |
6,774,840 |
|
25/08/2022 |
17,000 |
376.91 |
6,407,470 |
|
26/08/2022 |
20,000 |
353.79 |
7,075,800 |
|
Accumulated |
116,100 |
375.72 |
43,620,708 |
Since the share buy-back programme was initiated on 18 August 2022, the total number of repurchased shares is 116,100 at a total amount of DKK 43,620,708.
With the transactions stated above, NORDEN holds a total of 1,975,412 treasury shares, corresponding to 5.34%. The total number of shares in NORDEN is 37,000,000 million. Adjusted for treasury shares, the number of shares is 35,024,588.
Kind regards,
Dampskibsselskabet NORDEN A/S
Klaus Nyborg
Chairman
For further information:
Thomas France, Investor Communications Partner, tel.: 3315 0451