Dampskibsselskabet NORDEN A/S – weekly report on share buy-back
ANNOUNCEMENT NO. 86 – 15 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 |
264,609 |
298.83 |
79,073,368 |
|
08/04/2024 |
9,710 |
282.56 |
2,743,692 |
|
09/04/2024 |
9,710 |
283.46 |
2,752,430 |
|
10/04/2024 |
9,710 |
281.31 |
2,731,524 |
|
11/04/2024 |
9,710 |
287.14 |
2,788,092 |
|
12/04/2024 |
9,855 |
294.03 |
2,897,618 |
|
Accumulated |
313,304 |
296.79 |
92,986,723 |
Since the share buy-back programme was initiated on 9 February 2024, the total number of repurchased shares is 313,304 at a total amount of DKK 92,986,723.
With the transactions stated above, NORDEN holds a total of 2,837,254 treasury shares, corresponding to 8.34%. The total number of shares in NORDEN is 34,000,000 million. Adjusted for treasury shares, the number of shares is 31,162,746.
During the same period (8/4-24 -12/4-24) major shareholder, Motortramp A/S, has sold 15,095 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