Dampskibsselskabet NORDEN A/S – weekly report on share buy-back
ANNOUNCEMENT NO. 107 – 4 JUNE 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 |
61,900 |
197.26 |
12,210,382 |
|
26/05/2025 |
3,300 |
206.46 |
681,318 |
|
27/05/2025 |
3,300 |
206.03 |
679,899 |
|
28/05/2025 |
3,700 |
202.16 |
747,992 |
|
02/06/2025 |
3,700 |
203.65 |
753,505 |
|
03/06/2025 |
3,800 |
200.67 |
762,546 |
|
Accumulated |
79,700 |
198.69 |
15,835,642 |
Since the share buy-back programme was initiated on 2 May 2025, the total number of repurchased shares is 79,700 at a total amount of DKK 15,835,642.
With the transactions stated above, NORDEN holds a total of 1,798,804 treasury shares, corresponding to 5.80%. The total number of shares in NORDEN is 31,000,000. Adjusted for treasury shares, the number of shares is 29,201,196.
During the same period (26/5-25 - 03/6-25), major shareholder, Motortramp A/S, has sold 5,444 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]