DAMPSKIBSSELSKABET NORDEN A/S – weekly report on share buy-back
ANNOUNCEMENT NO. 179 - 12 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 |
218,100 |
358.95 |
78,287,068 |
|
05/09/2022 |
19,000 |
338.24 |
6,426,560 |
|
06/09/2022 |
19,000 |
343.79 |
6,532,010 |
|
07/09/2022 |
19,000 |
339.41 |
6,448,790 |
|
08/09/2022 |
22,000 |
331.29 |
7,288,380 |
|
09/09/2022 |
17,000 |
340.97 |
5,796,490 |
|
Accumulated |
314,100 |
352.69 |
110,779,298 |
Since the share buy-back programme was initiated on 18 August 2022, the total number of repurchased shares is 314,100 at a total amount of DKK 110,779,298.
With the transactions stated above, NORDEN holds a total of 2,168,412 treasury shares, corresponding to 5.86%. The total number of shares in NORDEN is 37,000,000 million. Adjusted for treasury shares, the number of shares is 34,831,588.
Kind regards,
Dampskibsselskabet NORDEN A/S
Klaus Nyborg
Chairman
For further information:
Thomas France, Investor Communications Partner, tel.: 3315 0451