Dampskibsselskabet NORDEN A/S – weekly report on share buy-back
ANNOUNCEMENT NO. 103 – 6 MAY 2024
On 25 -april 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 26 April 2024 up to and including no later than 1 August 2024. For details, please see announcement no. 96 of 25 April 2024.
Under the share buy-back programme, NORDEN will purchase shares for up to a total of USD 21 million (approximately DKK 145 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 |
|
26/04/2024 |
8,000 |
308.47 |
2,467,760 |
|
29/04/2024 |
12,000 |
299.02 |
3,588,240 |
|
30/04/2024 |
12,000 |
296.46 |
3,557,520 |
|
01/05/2024 |
14,000 |
287.99 |
4,031,860 |
|
02/05/2024 |
12,000 |
289.41 |
3,472,920 |
|
03/05/2024 |
14,000 |
290.09 |
4,061,260 |
|
Accumulated |
72,000 |
294.16 |
21,179,560 |
Since the share buy-back programme was initiated on 26 April 2024, the total number of repurchased shares is 72,000 at a total amount of DKK 21,179,560.
With the transactions stated above, NORDEN holds a total of 950,701 treasury shares, corresponding to 2.97%. The total number of shares in NORDEN is 32,000,000 million. Adjusted for treasury shares, the number of shares is 31,049,299.
During the same period (26/4-24 -3/5-24) major shareholder, Motortramp A/S, has sold 22,654 shares. Please see announcement no. 97/24 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