ANNOUNCEMENT NO.131 - 4 JUNE 2026
On 7 May 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 7 May 2026 up to and including no later than 6 August 2026. For details, please see announcement no. 109 of 6 May 2026.
Under the share buy-back programme, NORDEN will purchase shares for up to a total of USD 25 million (approximately DKK 159 million). The following transactions have been made under the programme:
| Date | Number of shares | Average purchase price (DKK) | Transaction value (DKK) |
| Total, last announcement | 104,000 | 316.10 | 32,874,360 |
| 29/05/2026 | 15,000 | 295.36 | 4,430,400 |
| 01/06/2026 | 12,000 | 298.20 | 3,578,400 |
| 02/06/2026 | 9,000 | 310.41 | 2,793,690 |
| 03/06/2026 | 11,000 | 307.12 | 3,378,320 |
| Accumulated | 151,000 | 311.62 | 47,055,170 |
Since the share buy-back programme was initiated on 7 May 2026, the total number of repurchased shares is 151,000 at a total amount of DKK 47,055,170.
With the transactions stated above, NORDEN holds a total of 2,075,112 treasury shares, corresponding to 6.92 %. The total number of shares in NORDEN is 30,000,000. Adjusted for treasury shares, the number of shares is 27,924,888.
During the same period (29/05-26 - 03/06-26), major shareholder, Motortramp A/S, has sold 14,241 shares. Please see announcement no. 110/2026 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