DAMPSKIBSSELSKABET NORDEN A/S – WEEKLY REPORT ON SHARE BUY-BACK
- 59
ANNOUNCEMENT NO. 111 - 13 DECEMBER 2021
On 4 November 2021, 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 4 November 2021 up to and including no later than end February 2022. For details, please see announcement no. 75 of 4 November 2021.
Under the share buy-back programme, NORDEN will purchase shares for up to a total of USD 40 million (approximately DKK 263 million). Under the programme, the following transactions have been made:
Date | Number of shares | Average purchase price (DKK) | Transaction value (DKK) |
Total, last announcement | 525,500 | 155.13 | 81,523,035 |
06/12/2021 | 28,000 | 148.55 | 4,159,400 |
07/12/2021 | 28,000 | 155.33 | 4,349,240 |
08/12/2021 | 28,000 | 157.13 | 4,399,640 |
09/12/2021 | 24,000 | 154.73 | 3,713,520 |
10/12/2021 | 25,000 | 154.78 | 3,869,500 |
Accumulated | 658,500 | 154.92 | 102,014,335 |
Since the share buy-back programme was initiated on 4 November 2021, the total number of repurchased shares is 658,500 at a total amount of DKK 102,014,335.
With the transactions stated above, NORDEN holds a total of 2,180,939 treasury shares, corresponding to 5.56%. The total number of shares in NORDEN is 39,200,000 million. Adjusted for treasury shares, the number of shares is 37,019,061.
Kind regards,
Dampskibsselskabet NORDEN A/S
Klaus Nyborg
Chairman
For further information:
Thomas France, Investor Communications Partner, tel.: 3315 0451
Attachments
GlobeNewswire is one of the world's largest newswire distribution networks, specializing in the delivery of corporate press releases, financial disclosures and multimedia content to media, investors, and consumers worldwide.