Dampskibsselskabet NORDEN A/S – final weekly report on share buy-back
ANNOUNCEMENT NO. 161 – 8 AUGUST 2025
Dampskibsselskabet NORDEN A/S – final weekly report on share buy-back
On 2 May 2025, 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 2 May 2025 up to and including no later than 7 August 2025. For details, please see announcement no. 83 of 1 May 2025.
Under the share buy-back programme, NORDEN will purchase shares for up to a total of USD 7 million (approximately DKK 46 million). The following transactions have been made under the programme:
|
Date |
Number of shares |
Average purchase price (DKK) |
Transaction value (DKK) |
|
Total, last announcement |
204,900 |
208.76 |
42,775,478 |
|
04/08/2025 |
3,600 |
228.30 |
821,880 |
|
05/08/2025 |
3,600 |
234.01 |
842,436 |
|
06/08/2025 |
3,300 |
238.92 |
788,436 |
|
07/08/2025 |
3,240 |
238.15 |
771,606 |
|
Accumulated |
218,640 |
210.39 |
45,999,836 |
Since the share buy-back programme was initiated on 2 May 2025, the total number of repurchased shares is 218,640 at a total amount of DKK 45,999,670.
With the transactions stated above, NORDEN holds a total of 1,937,744 treasury shares, corresponding to 6.25 %. The total number of shares in NORDEN is 31,000,000. Adjusted for treasury shares, the number of shares is 29,062,256.
During the same period (4/8-25 - 7/8-25), major shareholder, Motortramp A/S, has sold 4,202 shares. Please see announcement no. 84/2025 and daily reporting.
This concludes the share buy-back.
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: [email protected]