DAMPSKIBSSELSKABET NORDEN A/S – weekly report on share buy-back
ANNOUNCEMENT NO. 257 - 5 DECEMBER 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 |
307,000 |
351.40 |
107,878,990 |
|
28/11/2022 |
19,000 |
355.12 |
6,747,280 |
|
29/11/2022 |
18,000 |
358.17 |
6,447,060 |
|
30/11/2022 |
15,000 |
366.07 |
5,491,050 |
|
01/12/2022 |
12,000 |
368.64 |
4,423,680 |
|
02/12/2022 |
12,000 |
367.41 |
4,408,920 |
|
Accumulated |
383,000 |
353.52 |
135,396,980 |
Since the share buy-back programme was initiated on 3 November 2022, the total number of repurchased shares is 383,000 at a total amount of DKK 135,396,980.
With the transactions stated above, NORDEN holds a total of 3,074,012 treasury shares, corresponding to 8.31%. The total number of shares in NORDEN is 37,000,000 million. Adjusted for treasury shares, the number of shares is 33,925,988.
During the same period (28/11-2/12) major shareholder, Motortramp A/S, has sold 22,747 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