Dampskibsselskabet NORDEN A/S - weekly report on share buy-back
ANNOUNCEMENT NO. 70 - 20 MARCH 2026
On 5 February 2026, 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 5 February 2026 up to and including no later than 30 April 2026. For details, please see announcement no. 30 of 4 February 2026.
Under the share buy-back programme, NORDEN will purchase shares for up to a total of USD 25 million (approximately DKK 158 million). The following transactions have been made under the programme:
| Date | Number of shares | Average purchase price (DKK) | Transaction value (DKK) |
| Total, last announcement | 250,000 | 277.67 | 69,416,900 |
| 13/03/2026 | 15,000 | 260.48 | 3,907,200 |
| 16/03/2026 | 15,000 | 261.31 | 3,919,650 |
| 17/03/2026 | 12,000 | 271.63 | 3,259,560 |
| 18/03/2026 | 11,000 | 282.38 | 3,106,180 |
| 19/03/2026 | 10,000 | 283.97 | 2,839,700 |
| Accumulated | 313,000 | 276.20 | 86,449,190 |
Since the share buy-back programme was initiated on 5 February 2026, the total number of repurchased shares is 313,000 at a total amount of DKK 86,449,190
With the transactions stated above, NORDEN holds a total of 2,677,831 treasury shares, corresponding to 8.64 %. The total number of shares in NORDEN is 31,000,000. Adjusted for treasury shares, the number of shares is 28,322,169.
During the same period (13/03-26 - 19/03-26), major shareholder, Motortramp A/S, has sold 18,816 shares. Please see announcement no. 32/2026 and daily reporting.
Kind regards,
Dampskibsselskabet NORDEN A/S
Klaus Nyborg
Chairman
For further information:
Therese Möllevinge, Head of Investor Relations, tel.: +45 41 37 16 38, e-mail: thm@norden.com