Copyright © Inderes 2011 - present. All rights reserved.
  • Latest
  • Markets
    • Morning Review
    • Stock Comparison
    • Financial Calendar
    • Dividends Calendar
    • Research
    • Articles
    • Insider Transactions
  • inderesTV
  • Portfolio
  • Forum
  • Premium
  • Femme
  • Learn
    • Investing School
    • Q&A
    • Analysis School
  • About Us
    • Our Coverage
    • Team
Regulatory press release

Dampskibsselskabet NORDEN A/S - weekly report on share buy-back

D/S Norden
Download the release

ANNOUNCEMENT NO. 228 - 20 DECEMBER 2023

On 2 November 2023, 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 November 2023 up to and including no later than 31 January 2024. For details, please see announcement no. 186 of 2 November 2023.

Under the share buy-back programme, NORDEN will purchase shares for up to a total of USD 30 million (approximately DKK 210 million). Under the programme, the following transactions have been made:

Date Number Average purchase price (DKK) Transaction value (DKK)
of
shares
Total, last 375,000 314.23 117,834,660
announcement
11/12/2023 15,000 312.51 4,687,650
12/12/2023 15,000 302.40 4,536,000
13/12/2023 15,000 298.86 4,482,900
14/12/2023 12,000 306.52 3,678,240
15/12/2023 12,000 309.76 3,717,120
18/19/2023 8,000 325.03 2,600,240
19/19/2023 8,000 322.24 2,577,920
Accumulated 460,000 313.29 144,114,730

Since the share buy-back programme was initiated on 2 November 2023, the total number of repurchased shares is 460,000 at a total amount of DKK 144,114,730.

With the transactions stated above, NORDEN holds a total of 2,404,412 treasury shares, corresponding to 7.07%. The total number of shares in NORDEN is 34,000,000 million. Adjusted for treasury shares, the number of shares is 31,595,588.

During the same period (11/12-19/12) major shareholder, Motortramp A/S, has sold 25,940 shares. Please see announcement no. 187/23 and daily reporting.

Kind regards,

Dampskibsselskabet NORDEN A/S

Klaus Nyborg

Chairman

For further information: Stig Frederiksen, Head of Investor Relations, tel.: +45 32 71 08 55, e-mail: sfr@norden.com

Find us on social media
  • Inderes Forum
  • Youtube
  • Facebook
  • Instagram
  • X (Twitter)
  • Tiktok
  • Linkedin
Get in touch
  • info@inderes.fi
  • +358 10 219 4690
  • Porkkalankatu 5
    00180 Helsinki
Inderes
  • About us
  • Our team
  • Careers
  • Inderes as an investment
  • Services for listed companies
Our platform
  • FAQ
  • Terms of service
  • Privacy policy
  • Disclaimer
Inderes’ Disclaimer can be found here. Detailed information about each share actively monitored by Inderes is available on the company-specific pages on Inderes’ website. © Inderes Oyj. All rights reserved.