Dampskibsselskabet NORDEN A/S – weekly report on share buy-back
ANNOUNCEMENT NO.121 - 22 MAY 2026
On 7 May 2026, 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 7 May 2026 up to and including no later than 6 August 2026. For details, please see announcement no. 109 of 6 May 2026.
Under the share buy-back programme, NORDEN will purchase shares for up to a total of USD 25 million (approximately DKK 159 million). The following transactions have been made under the programme:
|
Date |
Number of shares |
Average purchase price (DKK) |
Transaction value (DKK) |
|
Total, last announcement |
26,000 |
314.63 |
8,180,280 |
|
13/05/2026 |
6,000 |
323.30 |
1,939,800 |
|
18/05/2026 |
6,000 |
323.16 |
1,938,960 |
|
19/05/2026 |
6,000 |
327.51 |
1,965,060 |
|
20/05/2026 |
6,000 |
323.52 |
1,941,120 |
|
21/05/2026 |
6,000 |
328.89 |
1,973,340 |
|
Accumulated |
56,000 |
320.33 |
17,938,560 |
Since the share buy-back programme was initiated on 7 May 2026, the total number of repurchased shares is 56,000 at a total amount of DKK 17,938,560.
With the transactions stated above, NORDEN holds a total of 1,980,112 treasury shares, corresponding to 6.60 %. The total number of shares in NORDEN is 30,000,000. Adjusted for treasury shares, the number of shares is 29,019,888.
During the same period (13/05-26 - 21/05-26), major shareholder, Motortramp A/S, has sold 9,090 shares. Please see announcement no. 110/2026 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