DAMPSKIBSSELSKABET NORDEN A/S – weekly report on share buy-back
ANNOUNCEMENT NO. 232 - 7 NOVEMBER 2022
On 3 November 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 3 November 2022 up to and including no later than 7 February 2023. For details, please see announcement no. 230 of 3 November 2022.
Under the share buy-back programme, NORDEN will purchase shares for up to a total of USD 50 million (approximately DKK 380 million). Under the programme, the following transactions have been made:
|
Date |
Number of shares |
Average purchase price (DKK) |
Transaction value (DKK)
|
|
Total, last announcement |
0 |
0 |
0 |
|
03/11/2022 |
5,000 |
437.41 |
2,187,050 |
|
04/11/2022 |
7,000 |
425.02 |
2,975,140 |
|
Accumulated |
12,000 |
430.18 |
5,162,190 |
Since the share buy-back programme was initiated on 3 November 2022, the total number of repurchased shares is 12,000 at a total amount of DKK 5,162,190.
With the transactions stated above, NORDEN holds a total of 2,703,012 treasury shares, corresponding to 7.31%. The total number of shares in NORDEN is 37,000,000 million. Adjusted for treasury shares, the number of shares is 34,296,988.
During the same period (3/11-4/11) major shareholder, Motortramp A/S, has sold 3,592 shares. Please see announcement no. 233/22 and daily reporting.
Kind regards,
Dampskibsselskabet NORDEN A/S
Klaus Nyborg
Chairman
For further information: Thomas France, Investor Communications Partner, tel.: 3315 0451