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

Report this content

ANNOUNCEMENT NO. 38 – 19 FEBRUARY 2024

On 8 February 2024, 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 9 February 2024 up to and including no later than 19 April 2024. For details, please see announcement no. 30 of 8 February 2024.

 

Under the share buy-back programme, NORDEN will purchase shares for up to a total of USD 15 million (approximately DKK 105 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

09/02/2024

6,666

333.12

2,220,549

12/02/2024

5,891

331.68

1,953,937

13/02/2024

6,666

326.73

2,177,954

14/02/2024

6,666

323.02

2,153,267

15/02/2024

6,666

319.50

2,129,785

16/02/2024

6,666

320.78

2,138,308

Accumulated

39,221

325.69

12,773,801

 

Since the share buy-back programme was initiated on 9 February 2024, the total number of repurchased shares is 39,221 at a total amount of DKK 12,773,801.

 

With the transactions stated above, NORDEN holds a total of 2,569,837 treasury shares, corresponding to 7.56%. The total number of shares in NORDEN is 34,000,000 million. Adjusted for treasury shares, the number of shares is 31,430,163.

 

During the same period (9/2-24 - 15/2-24) major shareholder, Motortramp A/S, has sold 12,156 shares. Please see announcement no. 31/24 and daily reporting.

 

Kind regards,

Dampskibsselskabet NORDEN A/S

 

Klaus Nyborg

Chairman


For further information: Stig Frederiksen, Head of Investor Relations, tel.: +45 32 71 08 55, e-mail: sfr@norden.com