DAMPSKIBSSELSKABET NORDEN A/S – weekly report on share buy-back
ANNOUNCEMENT NO. 173 - 5 SEPTEMBER 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 |
116,100 |
375.72 |
43,620,708 |
|
29/08/2022 |
20,000 |
346.50 |
6,930,000 |
|
30/08/2022 |
20,000 |
346.60 |
6,932,000 |
|
31/08/2022 |
20,000 |
339.48 |
6,789,600 |
|
01/09/2022 |
22,000 |
334.88 |
7,367,360 |
|
02/09/2022 |
20,000 |
332.37 |
6,647,400 |
|
Accumulated |
218,100 |
358.95 |
78,287,068 |
Since the share buy-back programme was initiated on 18 August 2022, the total number of repurchased shares is 218,100 at a total amount of DKK 78,287,068.
With the transactions stated above, NORDEN holds a total of 2,072,412 treasury shares, corresponding to 5.60%. The total number of shares in NORDEN is 37,000,000 million. Adjusted for treasury shares, the number of shares is 34,927,588.
Kind regards,
Dampskibsselskabet NORDEN A/S
Klaus Nyborg
Chairman
For further information:
Thomas France, Investor Communications Partner, tel.: 3315 0451