Dampskibsselskabet NORDEN A/S – weekly report on share buy-back
ANNOUNCEMENT NO. 150 – 28 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 |
176,800 |
205.23 |
36,285,162 |
|
21/07/2025 |
2,500 |
223.97 |
559,925 |
|
22/07/2025 |
2,600 |
222.78 |
579,228 |
|
23/07/2025 |
2,400 |
230.52 |
553,248 |
|
24/07/2025 |
2,400 |
234.86 |
563,664 |
|
25/07/2025 |
2,500 |
236.34 |
590,850 |
|
Accumulated |
189,200 |
206.83 |
39,132,077 |
Since the share buy-back programme was initiated on 2 May 2025, the total number of repurchased shares is 189,200 at a total amount of DKK 39,132,077.
With the transactions stated above, NORDEN holds a total of 1,908,304 treasury shares, corresponding to 6.16 %. The total number of shares in NORDEN is 31,000,000. Adjusted for treasury shares, the number of shares is 29,091,696.
During the same period (21/7-25 - 25/7-25), major shareholder, Motortramp A/S, has sold 3,793 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]