DAMPSKIBSSELSKABET NORDEN A/S– weekly report on share buy-back
ANNOUNCEMENT NO. 126 - 18 JULY 2022
On 6 July 2022, 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 6 July 2022 up to and including no later than 16 August 2022. For details, please see announcement no. 117 of 6 July 2022.
Under the share buy-back programme, NORDEN will purchase shares for up to a total of USD 15 million (approximately DKK 106 million). Under the programme, the following transactions have been made:
|
Date |
Number of shares |
Average purchase price (DKK) |
Transaction value (DKK)
|
|
Total, last announcement |
54,000 |
240.23 |
12,972,160 |
|
11/07/2022 |
16,000 |
250.83 |
4,013,280 |
|
12/07/2022 |
15,000 |
257.70 |
3,865,500 |
|
13/07/2022 |
14,000 |
257.74 |
3,608,360 |
|
14/07/2022 |
14,000 |
263.41 |
3,687,740 |
|
15/07/2022 |
12,500 |
271.20 |
3,390,000 |
|
Accumulated |
125,500 |
251.29 |
31,537,040 |
Since the share buy-back programme was initiated on 6 July 2022, the total number of repurchased shares is 125,500 at a total amount of DKK 31,537,040.
With the transactions stated above, NORDEN holds a total of 1,638,490 treasury shares, corresponding to 4.43%. The total number of shares in NORDEN is 37,000,000 million. Adjusted for treasury shares, the number of shares is 35,361,510.
Kind regards,
Dampskibsselskabet NORDEN A/S
Klaus Nyborg
Chairman
For further information:
Thomas France, Investor Communications Partner, tel.: 3315 0451