Dampskibsselskabet NORDEN A/S – weekly report on share buy-back
ANNOUNCEMENT NO. 262 – 4 DECEMBER 2024
On 1 November 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 1 November 2024 up to and including no later than 22 January 2025. For details, please see announcement no. 235 of 31 October 2024.
Under the share buy-back programme, NORDEN will purchase shares for up to a total of USD 12 million (approximately DKK 83 million). Under the programme, the following transactions have been made:
|
Date |
Number of shares |
Average purchase price (DKK) |
Transaction value (DKK) |
|
Total, last announcement |
157,500 |
219.61 |
34,588,960 |
|
26/11/2024 |
9,000 |
216.47 |
1,948,230 |
|
27/11/2024 |
12,000 |
207.52 |
2,490,240 |
|
28/11/2024 |
11,000 |
210.37 |
2,314,070 |
|
29/11/2024 |
10,000 |
211.43 |
2,114,300 |
|
02/12/2024 |
10,000 |
210.09 |
2,100,900 |
|
03/12/2024 |
10,000 |
212.60 |
2,126,000 |
|
Accumulated |
219,500 |
217.23 |
47,682,700 |
Since the share buy-back programme was initiated on 1 November 2024, the total number of repurchased shares is 219,500 at a total amount of DKK 47,682,700.
With the transactions stated above, NORDEN holds a total of 1,916,478 treasury shares, corresponding to 5.99%. The total number of shares in NORDEN is 32,000,000. Adjusted for treasury shares, the number of shares is 30,083,522.
During the same period (26/11-24 - 3/12-24) major shareholder, Motortramp A/S, has sold 19,009 shares. Please see announcement no. 237/24 and daily reporting.
Kind regards,
Dampskibsselskabet NORDEN A/S
Klaus Nyborg
Chairman
For further information:
Therese Möllevinge, Head of Investor Relations, tel.: +45 41 37 16 38, e-mail: thm@norden.com
Isabella Zaugg Hansen, Investor Relations Manager, tel.: +45 27 62 90 96, e-mail: izh@norden.com