Copyright © Inderes 2011 - present. All rights reserved.
  • Latest
  • Markets
    • Stock Comparison
    • Financial Calendar
    • Dividends Calendar
    • Research
    • Articles
  • inderesTV
  • Forum
  • About Us
    • Our Coverage
    • Team
Regulatory press release

DAMPSKIBSSELSKABET NORDEN A/S - weekly report on share buy-back

D/S Norden
Download the release

ANNOUNCEMENT NO. 250 - 28 NOVEMBER 2022

On 3 November 2022, 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 3 November 2022 up to and including no later than 7 February 2023. For details, please see announcement no. 230 of 3 November 2022.

Under the share buy-back programme, NORDEN will purchase shares for up to a total of USD 50 million (approximately DKK 380 million). Under the programme, the following transactions have been made:

Date Number Average purchase price (DKK) Transaction value (DKK)
of
shares
Total, last 213,000 351.00 74,761,950
announcement
21/11/2022 18,000 355.68 6,402,240
22/11/2022 17,000 355.36 6,041,120
23/11/2022 17,000 357.04 6,069,680
24/11/2022 22,000 345.00 7,590,000
25/11/2022 20,000 350.70 7,014,000
Accumulated 307,000 351.40 107,878,990

Since the share buy-back programme was initiated on 3 November 2022, the total number of repurchased shares is 307,000 at a total amount of DKK 107,878,990.

With the transactions stated above, NORDEN holds a total of 2,998,012 treasury shares, corresponding to 8.10%. The total number of shares in NORDEN is 37,000,000 million. Adjusted for treasury shares, the number of shares is 34,001,988.

During the same period (21/11-25/11) major shareholder, Motortramp A/S, has sold 28,135 shares. Please see announcement no. 233/22 and daily reporting.

Kind regards,

Dampskibsselskabet NORDEN A/S

Klaus Nyborg

Chairman

For further information: Thomas France, Investor Communications Partner, tel.: 3315 0451

Find us on social media
  • Inderes Forum
  • Youtube
  • Facebook
  • X (Twitter)
Get in touch
  • info@hcandersencapital.dk
  • Bredgade 23B, 2. sal
    1260 København K
Inderes
  • About us
  • Our team
  • Careers
  • Inderes as an investment
  • Services for listed companies
Our platform
  • FAQ
  • Terms of service
  • Privacy policy
  • Disclaimer
Inderes’ Disclaimer can be found here. Detailed information about each share actively monitored by Inderes is available on the company-specific pages on Inderes’ website. © Inderes Oyj. All rights reserved.