ANNOUNCEMENT NO.157 - 03 JULY 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 | 287,000 | 310.94 | 89,240,940 |
| 26/06/2026 | 12,000 | 293.24 | 3,518,880 |
| 29/06/2026 | 10,000 | 285.64 | 2,856,400 |
| 30/06/2026 | 12,000 | 280.82 | 3,369,840 |
| 01/07/2026 | 12,000 | 269.29 | 3,231,480 |
| 02/07/2026 | 6,000 | 285.09 | 1,710,540 |
| Accumulated | 339,000 | 306.57 | 103,928,080 |
Since the share buy-back programme was initiated on 7 May 2026, the total number of repurchased shares is 339,000 at a total amount of DKK 103,928,080.
With the transactions stated above, NORDEN holds a total of 2,262,025 treasury shares, corresponding to 7.54 %. The total number of shares in NORDEN is 30,000,000. Adjusted for treasury shares, the number of shares is 27,737,975.
During the same period (26/06-26 - 03/07-26), major shareholder, Motortramp A/S, has sold 15,756 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