SimCorp A/S – Share Buyback Program

Report this content

On 27 August 2013, SimCorp A/S announced a share buyback program in accordance 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 20.0m (approx. DKK 149.2m) in the period from 28 August 2013 to 24 February 2014.

Since the last announcement 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: 623,500 184.11 114,791,555
6 January 2014 1,000 210.85 210,850
7 January 2014 900 206.86 186,174
8 January 2014 2,000 205.26 410,520
9 January 2014 2,500 204.37 510,925
10 January 2014 4,000 204.84 819,360
Accumulated under the program following above purchases: 633,900 184.46 116,929,384


Following above purchases, SimCorp holds 2,162,941 treasury shares corresponding to 4.97% of the share capital.

Purchases for an amount of EUR 4.m (approx. DKK 32.3m) 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 6858, +45 2811 3828)

 

Company Announcement no. 03/2014

Subscribe