DAMPSKIBSSELSKABET NORDEN A/S – weekly report on share buy-back
ANNOUNCEMENT NO. 211 - 17 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 |
725,100 |
338.54 |
245,472,048 |
|
10/10/2022 |
7,000 |
354.32 |
2,480,240 |
|
11/10/2022 |
10,000 |
350.23 |
3,502,300 |
|
12/10/2022 |
10,000 |
355.44 |
3,554,400 |
|
13/10/2022 |
8,000 |
356.37 |
2,850,960 |
|
14/10/2022 |
7,000 |
380.20 |
2,661,400 |
|
Accumulated |
767,100 |
339.62 |
260,521,348 |
Since the share buy-back programme was initiated on 18 August 2022, the total number of repurchased shares is 767,100 at a total amount of DKK 260,521,348.
With the transactions stated above, NORDEN holds a total of 2,621,412 treasury shares, corresponding to 7.08%. The total number of shares in NORDEN is 37,000,000 million. Adjusted for treasury shares, the number of shares is 34,378,588.
Kind regards,
Dampskibsselskabet NORDEN A/S
Klaus Nyborg
Chairman
For further information:
Thomas France, Investor Communications Partner, tel.: 3315 0451