Dampskibsselskabet NORDEN A/S – weekly report on share buy-back
ANNOUNCEMENT NO.137 - 12 JUNE 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 |
151,000 |
311.62 |
47,055,170 |
|
04/06/2026 |
11,000 |
311.03 |
3,421,330 |
|
08/06/2026 |
10,000 |
318.02 |
3,180,200 |
|
09/06/2026 |
8,000 |
315.33 |
2,522,640 |
|
10/06/2026 |
8,000 |
316.29 |
2,530,320 |
|
11/06/2026 |
8,000 |
322.86 |
2,582,880 |
|
Accumulated |
196,000 |
312.72 |
61,292,540 |
Since the share buy-back programme was initiated on 7 May 2026, the total number of repurchased shares is 196,000 at a total amount of DKK 61,292,540.
With the transactions stated above, NORDEN holds a total of 2,120,112 treasury shares, corresponding to 7.07 %. The total number of shares in NORDEN is 30,000,000. Adjusted for treasury shares, the number of shares is 28,879,888.
During the same period (04/06-26 - 11/06-26), major shareholder, Motortramp A/S, has sold 13,635 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