Dampskibsselskabet NORDEN A/S – weekly report on share buy-back
ANNOUNCEMENT NO. 215 – 30 SEPTEMBER 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 |
284,000 |
271.40 |
77,076,670 |
|
23/09/2024 |
3,000 |
268.10 |
804,300 |
|
24/09/2024 |
1,500 |
277.75 |
416,625 |
|
25/09/2024 |
1,500 |
277.21 |
415,815 |
|
26/09/2024 |
1,000 |
283.12 |
283,120 |
|
27/09/2024 |
1,000 |
279.24 |
279,240 |
|
Accumulated |
292,000 |
271.49 |
79,275,770 |
Since the share buy-back programme was initiated on 9 August 2024, the total number of repurchased shares is 292,000 at a total amount of DKK 79,275,770.
With the transactions stated above, NORDEN holds a total of 1,638,288 treasury shares, corresponding to 5.12%. The total number of shares in NORDEN is 32,000,000 million. Adjusted for treasury shares, the number of shares is 30,361,712.
During the same period (23/9-24 - 27/9-24) major shareholder, Motortramp A/S, has sold 2,480 shares. Please see announcement no. 173/24 and daily reporting.
Kind regards,
Dampskibsselskabet NORDEN A/S
Klaus Nyborg
Chairman
For further information: Martin Badsted, Chief Financial Officer, tel.: +45 33 42 05 26, e-mail: mba@norden.com