Dampskibsselskabet NORDEN A/S – weekly report on share buy-back
ANNOUNCEMENT NO. 138 – 14 JULY 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 |
147,000 |
202.75 |
29,803,550 |
|
07/07/2025 |
4,000 |
203.52 |
814,080 |
|
08/07/2025 |
3,000 |
211.04 |
633,120 |
|
09/07/2025 |
3,300 |
211.76 |
698,808 |
|
10/07/2025 |
3,300 |
212.48 |
701,184 |
|
11/07/2025 |
2,500 |
226.45 |
566,125 |
|
Accumulated |
163,100 |
203.66 |
33,216,867 |
Since the share buy-back programme was initiated on 2 May 2025, the total number of repurchased shares is 163,100 at a total amount of DKK 33,216,867.
With the transactions stated above, NORDEN holds a total of 1,882,204 treasury shares, corresponding to 6.07 %. The total number of shares in NORDEN is 31,000,000. Adjusted for treasury shares, the number of shares is 29,117,796.
During the same period (7/7-25 - 11/7-25), major shareholder, Motortramp A/S, has sold 4,925 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]