DAMPSKIBSSELSKABET NORDEN A/S – weekly report on share buy-back

Report this content

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