Dampskibsselskabet NORDEN A/S – weekly report on share buy-back
ANNOUNCEMENT NO. 140 – 24 JUNE 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 |
262,000 |
312.79 |
81,950,590 |
|
17/06/2024 |
13,000 |
295.89 |
3,846,570 |
|
18/06/2024 |
13,000 |
293.92 |
3,820,960 |
|
19/06/2024 |
13,000 |
290.70 |
3,779,100 |
|
20/06/2024 |
14,000 |
289.97 |
4,059,580 |
|
21/06/2024 |
13,000 |
294.84 |
3,832,920 |
|
Accumulated |
328,000 |
308.81 |
101,289,720 |
Since the share buy-back programme was initiated on 26 April 2024, the total number of repurchased shares is 328,000 at a total amount of DKK 101,289,720.
With the transactions stated above, NORDEN holds a total of 1,206,701 treasury shares, corresponding to 3.77%. The total number of shares in NORDEN is 32,000,000 million. Adjusted for treasury shares, the number of shares is 30,793,299.
During the same period (17/6-24 -21/6-24) major shareholder, Motortramp A/S, has sold 20,766 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