Dampskibsselskabet NORDEN A/S – weekly report on share buy-back
ANNOUNCEMENT NO. 221 – 7 OCTOBER 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 |
292,000 |
271.49 |
79,275,770 |
|
30/09/2024 |
2,000 |
280.68 |
561,360 |
|
01/10/2024 |
2,000 |
277.37 |
554,740 |
|
02/10/2024 |
2,000 |
280.98 |
561,960 |
|
03/10/2024 |
1,800 |
279.42 |
502,956 |
|
04/10/2024 |
1,800 |
278.01 |
500,418 |
|
Accumulated |
301,600 |
271.74 |
81,957,204 |
Since the share buy-back programme was initiated on 9 August 2024, the total number of repurchased shares is 301,600 at a total amount of DKK 81,957,204.
With the transactions stated above, NORDEN holds a total of 1,647,888 treasury shares, corresponding to 5.15%. The total number of shares in NORDEN is 32,000,000 million. Adjusted for treasury shares, the number of shares is 30,352,112.
During the same period (30/9-24 - 4/10-24) major shareholder, Motortramp A/S, has sold 2,976 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