DAMPSKIBSSELSKABET NORDEN A/S – weekly report on share buy-back
ANNOUNCEMENT NO. 224 - 31 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 |
798,100 |
341.80 |
272,787,018 |
|
24/10/2022 |
6,000 |
404.30 |
2,425,800 |
|
25/10/2022 |
6,000 |
403.34 |
2,420,040 |
|
26/10/2022 |
6,000 |
408.06 |
2,448,360 |
|
27/10/2022 |
6,000 |
402.22 |
2,413,320 |
|
28/10/2022 |
6,000 |
385.74 |
2,314,440 |
|
Accumulated |
828,100 |
343.93 |
284,808,978 |
Since the share buy-back programme was initiated on 18 August 2022, the total number of repurchased shares is 828,100 at a total amount of DKK 284,808,978.
With the transactions stated above, NORDEN holds a total of 2,682,412 treasury shares, corresponding to 7.25%. The total number of shares in NORDEN is 37,000,000 million. Adjusted for treasury shares, the number of shares is 34,317,588.
Kind regards,
Dampskibsselskabet NORDEN A/S
Klaus Nyborg
Chairman
For further information:
Thomas France, Investor Communications Partner, tel.: 3315 0451