SimCorp A/S – Share buyback program

Report this content

On 27 February 2017 SimCorp A/S announced a share buyback program in compliance with the provisions of Regulation No. 596/2014 of the European Parliament and of the Council on market abuse (the Market Abuse Regulation - MAR) and delegated legislation under MAR.

In connection with the program SimCorp A/S will repurchase shares for an amount of up to EUR 17.5m (approx. DKK 130.4m) in the period from 27 February 2017 to 23 August 2017.

The following transactions have been executed under the program:     

Date                
 
Number of shares Average
purchase price
(DKK per share)
Amount (DKK)
Accumulated under the program as of last announcement: 136,789 410.57 56,161,399
22 May 2017 5,000 395.41 1,977,050
23 May 2017 6,000 396.16 2,376,960
24 May 2017 5,000 401.81 2,009,050
Accumulated under the program following above purchases: 152,789 409.22 62,524,459


Following above purchases, SimCorp holds 992,087 treasury shares corresponding to 2.4% of the share capital.

Purchases for an amount of EUR 9.1m (approx. DKK 67.8m) remain to be executed under the program.


Enquiries regarding this announcement should be addressed to:
Anders Hjort, Head of Investor Relations, SimCorp A/S (+45 3544 8822, +45 2892 8881)


Company Announcement no. 22/2017

Subscribe

Documents & Links