DAMPSKIBSSELSKABET NORDEN A/S – weekly report on share buy-back
ANNOUNCEMENT NO. 205 - 10 OCTOBER 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 |
628,100 |
340.64 |
213,955,548 |
|
03/10/2022 |
22,000 |
321.95 |
7,082,900 |
|
04/10/2022 |
18,000 |
328.05 |
5,904,900 |
|
05/10/2022 |
22,000 |
311.40 |
6,850,800 |
|
06/10/2022 |
20,000 |
327.14 |
6,542,800 |
|
07/10/2022 |
15,000 |
342.34 |
5,135,100 |
|
Accumulated |
725,100 |
338.54 |
245,472,048 |
Since the share buy-back programme was initiated on 18 August 2022, the total number of repurchased shares is 725,100 at a total amount of DKK 245,472,048.
With the transactions stated above, NORDEN holds a total of 2,579,412 treasury shares, corresponding to 6.97%. The total number of shares in NORDEN is 37,000,000 million. Adjusted for treasury shares, the number of shares is 34,420,588.
Kind regards,
Dampskibsselskabet NORDEN A/S
Klaus Nyborg
Chairman
For further information:
Thomas France, Investor Communications Partner, tel.: 3315 0451