Dampskibsselskabet NORDEN A/S – weekly report on share buy-back
ANNOUNCEMENT NO. 146 – 1 JULY 2024
Dampskibsselskabet NORDEN A/S – weekly report on share buy-back
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 |
328,000 |
308.81 |
101,289,720 |
|
24/06/2024 |
10,000 |
299.38 |
2,993,800 |
|
25/06/2024 |
8,000 |
301.34 |
2,410,720 |
|
26/06/2024 |
8,000 |
305.33 |
2,442,640 |
|
27/06/2024 |
7,000 |
305.92 |
2,141,440 |
|
28/06/2024 |
7,000 |
306.14 |
2,142,980 |
|
Accumulated |
368,000 |
308.21 |
113,421,300 |
Since the share buy-back programme was initiated on 26 April 2024, the total number of repurchased shares is 368,000 at a total amount of DKK 113,421,300.
With the transactions stated above, NORDEN holds a total of 1,246,701 treasury shares, corresponding to 3.90%. The total number of shares in NORDEN is 32,000,000 million. Adjusted for treasury shares, the number of shares is 30,753,299.
During the same period (24/6-24 -28/6-24) major shareholder, Motortramp A/S, has sold 12,585 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