DAMPSKIBSSELSKABET NORDEN A/S – weekly report on share buy-back
ANNOUNCEMENT NO. 192 - 25 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 |
404,100 |
350.48 |
141,630,258 |
|
19/09/2022 |
22,000 |
317.74 |
6,990,280 |
|
20/09/2022 |
20,000 |
329.44 |
6,588,800 |
|
21/09/2022 |
17,000 |
339.55 |
5,772,350 |
|
22/09/2022 |
21,000 |
332.07 |
6,973,470 |
|
23/09/2022 |
25,000 |
319.15 |
7,978,750 |
|
Accumulated |
509,100 |
345.58 |
175,933,908 |
Since the share buy-back programme was initiated on 18 August 2022, the total number of repurchased shares is 509,100 at a total amount of DKK 175,933,908.
With the transactions stated above, NORDEN holds a total of 2,363,412 treasury shares, corresponding to 6.39%. The total number of shares in NORDEN is 37,000,000 million. Adjusted for treasury shares, the number of shares is 34,636,588.
Kind regards,
Dampskibsselskabet NORDEN A/S
Klaus Nyborg
Chairman
For further information:
Thomas France, Investor Communications Partner, tel.: 3315 0451