SimCorp A/S – Share buyback program

Report this content

On 1 September 2014 SimCorp A/S announced a share buyback program in compliance with the provisions of Commission Regulation No. 2273/2003 of 22 December 2003, also referred to as the “Safe Harbour”.

In connection with the program SimCorp A/S will repurchase shares for an amount of up to EUR 10.0m (approx. DKK 74.6m) in the period from 2 September 2014 to 13 February 2015.

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: 63,539 163.97 10,418,278
15 September 2014 3,500 170.13 595,455
16 September 2014 4,500 173.17 779,265
17 September 2014 7,500 174.54 1,309,050
18 September 2014 7,500 171.45 1,285,875
19 September 2014 7,000 173.50 1,214,500
22 September 2014 7,000 173.97 1,217,790
Accumulated under the program following above purchases: 100,539 167.30 16,820,213


Following above purchases, SimCorp holds 677,684 treasury shares corresponding to 1.63% of the share capital.

Purchases for an amount of EUR 7.7m (approx. DKK 57.8m) remain to be executed under the program. 


Enquiries regarding this announcement should be addressed to:
Klaus Holse, Chief Executive Officer, SimCorp A/S (+45 3544 8802, +45 2326 0000)
Thomas Johansen, Chief Financial Officer, SimCorp A/S (+45 3544 8800, +45 2811 3828)


Company Announcement no. 38/2014

 

Subscribe