ANNOUNCEMENT NO.137 - 12 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 | 151,000 | 311.62 | 47,055,170 |
| 04/06/2026 | 11,000 | 311.03 | 3,421,330 |
| 08/06/2026 | 10,000 | 318.02 | 3,180,200 |
| 09/06/2026 | 8,000 | 315.33 | 2,522,640 |
| 10/06/2026 | 8,000 | 316.29 | 2,530,320 |
| 11/06/2026 | 8,000 | 322.86 | 2,582,880 |
| Accumulated | 196,000 | 312.72 | 61,292,540 |
Since the share buy-back programme was initiated on 7 May 2026, the total number of repurchased shares is 196,000 at a total amount of DKK 61,292,540.
With the transactions stated above, NORDEN holds a total of 2,120,112 treasury shares, corresponding to 7.07 %. The total number of shares in NORDEN is 30,000,000. Adjusted for treasury shares, the number of shares is 28,879,888.
During the same period (04/06-26 - 11/06-26), major shareholder, Motortramp A/S, has sold 13,635 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