Dampskibsselskabet NORDEN A/S – weekly report on share buy-back
ANNOUNCEMENT NO. 73 – 26 MARCH 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 |
170,802 |
307.55 |
52,529,519 |
|
18/03/2024 |
6,775 |
280.70 |
1,901,716 |
|
19/03/2024 |
6,956 |
280.89 |
1,953,846 |
|
20/03/2024 |
6,131 |
274.94 |
1,685,665 |
|
21/03/2024 |
6,702 |
276.71 |
1,854,509 |
|
22/03/2024 |
7,246 |
280.90 |
2,035,420 |
|
25/03/2024 |
7,753 |
280.82 |
2,177,225 |
|
Accumulated |
212,365 |
302.02 |
64,137,901 |
Since the share buy-back programme was initiated on 9 February 2024, the total number of repurchased shares is 212,365 at a total amount of DKK 64,137,901.
With the transactions stated above, NORDEN holds a total of 2,736,315 treasury shares, corresponding to 8.05%. The total number of shares in NORDEN is 34,000,000 million. Adjusted for treasury shares, the number of shares is 31,263,685.
During the same period (18/3-24 -25/3-24) major shareholder, Motortramp A/S, has sold 12,868 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