DAMPSKIBSSELSKABET norden a/s – weekly report on share buy-back
ANNOUNCEMENT NO. 33 - 6 FEBRUARY 2023
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 |
925,000 |
372.90 |
344,937,030 |
|
30/01/2023 |
25,000 |
360.41 |
9,010,250 |
|
31/01/2023 |
18,000 |
366.93 |
6,604,740 |
|
01/02/2023 |
18,000 |
374.78 |
6,746,040 |
|
02/02/2023 |
13,000 |
375.02 |
4,875,260 |
|
03/02/2023 |
10,000 |
380.54 |
3,805,400 |
|
Accumulated |
1,009,000 |
372.63 |
375,978,720 |
Since the share buy-back programme was initiated on 3 November 2022, the total number of repurchased shares is 1,009,000 at a total amount of DKK 375,978,720.
With the transactions stated above, NORDEN holds a total of 3,621,439 treasury shares, corresponding to 9.79%. The total number of shares in NORDEN is 37,000,000 million. Adjusted for treasury shares, the number of shares is 33,378,561.
During the same period (30/1-3/2) major shareholder, Motortramp A/S, has sold 25,740 shares. Please see announcement no. 233/22 and daily reporting.
Kind regards,
Dampskibsselskabet NORDEN A/S
Klaus Nyborg
Chair
For further information: Thomas France, Investor Communications Partner, tel.: 3315 0451