Dampskibsselskabet NORDEN A/S – weekly report on share buy-back
ANNOUNCEMENT NO. 80 – 8 APRIL 2024
Dampskibsselskabet NORDEN A/S – weekly report on share buy-back
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 |
212,365 |
302.02 |
64,137,901 |
|
26/03/2024 |
7,753 |
277.68 |
2,152,829 |
|
27/03/2024 |
7,971 |
282.81 |
2,254,285 |
|
02/04/2024 |
9,420 |
287.79 |
2,710,989 |
|
03/04/2024 |
9,130 |
289.82 |
2,646,013 |
|
04/04/2024 |
9,130 |
290.85 |
2,655,475 |
|
05/04/2024 |
8,840 |
284.60 |
2,515,875 |
|
Accumulated |
264,609 |
298.83 |
79,073,368 |
Since the share buy-back programme was initiated on 9 February 2024, the total number of repurchased shares is 264,609 at a total amount of DKK 79,073,368.
With the transactions stated above, NORDEN holds a total of 2,788,559 treasury shares, corresponding to 8.20%. The total number of shares in NORDEN is 34,000,000 million. Adjusted for treasury shares, the number of shares is 31,211,441.
During the same period (26/3-24 -5/4-24) major shareholder, Motortramp A/S, has sold 16,194 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