Dampskibsselskabet NORDEN A/S – weekly report on share buy-back
ANNOUNCEMENT NO. 177 – 16 AUGUST 2024
On 9 August 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 August 2024 up to and including no later than 23 October 2024. For details, please see announcement no. 171 of 8 August 2024.
Under the share buy-back programme, NORDEN will purchase shares for up to a total of USD 14 million (approximately DKK 95 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 |
0.00 |
0 |
|
09/08/2024 |
9,000 |
277.77 |
2,499,930 |
|
12/08/2024 |
8,000 |
285.20 |
2,281,600 |
|
13/08/2024 |
8,000 |
281.47 |
2,251,760 |
|
14/08/2024 |
8,000 |
277.51 |
2,220,080 |
|
15/08/2024 |
9,000 |
281.92 |
2,537,280 |
|
Accumulated |
42,000 |
280.73 |
11,790,650 |
Since the share buy-back programme was initiated on 9 August 2024, the total number of repurchased shares is 42,000 at a total amount of DKK 11,790,650.
With the transactions stated above, NORDEN holds a total of 1,392,876 treasury shares, corresponding to 4.35%. The total number of shares in NORDEN is 32,000,000 million. Adjusted for treasury shares, the number of shares is 30,607,124.
During the same period (9/8-24 -15/8-24) major shareholder, Motortramp A/S, has sold 13,020 shares. Please see announcement no. 173/24 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