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: 55,500 395.74 21,963,563
20 March 2017 2,000 410.51 821,020
21 March 2017 2,500 405.96 1,014,900
22 March 2017 2,200 399.22 878,284
23 March 2017 2,500 403.67 1,009,175
24 March 2017 2,000 409.60 819,200
Accumulated under the program following above purchases: 66,700 397.39 26,506,142

  

Following above purchases, SimCorp holds 1,906,684 treasury shares corresponding to 4.6% of the share capital.

Purchases for an amount of EUR 14.0m (approx. DKK 103.8m) 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. 07/2017

Subscribe

Documents & Links