Dampskibsselskabet NORDEN A/S – weekly report on share buy-back
ANNOUNCEMENT NO. 95 – 19 MAY 2025
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 |
28,500 |
189.87 |
5,411,385 |
|
12/05/2025 |
4,000 |
195.17 |
780,680 |
|
13/05/2025 |
3,500 |
200.12 |
700,420 |
|
14/05/2025 |
3,300 |
205.37 |
677,721 |
|
15/05/2025 |
3,300 |
204.44 |
674,652 |
|
16/05/2025 |
3,300 |
206.80 |
682,440 |
|
Accumulated |
45,900 |
194.49 |
8,927,298 |
Since the share buy-back programme was initiated on 2 May 2025, the total number of repurchased shares is 45,900 at a total amount of DKK 8,927,298.
With the transactions stated above, NORDEN holds a total of 1,765,004 treasury shares, corresponding to 5.69%. The total number of shares in NORDEN is 31,000,000. Adjusted for treasury shares, the number of shares is 29,234,996.
During the same period (12/5-25 - 16/5-25), major shareholder, Motortramp A/S, has sold 5,322 shares. Please see announcement no. 84/2025 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: [email protected]
Isabella Zaugg Hansen, Investor Relations Manager, tel.: +45 27 62 90 96, e-mail: [email protected]