ANNOUNCEMENT NO.187 - 7 AUGUST 2026
On 7 May 2026, 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 7 May 2026 up to and including no later than 6 August 2026. For details, please see announcement no. 109 of 6 May 2026.
Under the share buy-back programme, NORDEN will purchase shares for up to a total of USD 25 million (approximately DKK 159 million). The following transactions have been made under the programme:
| Date | Number of shares | Average purchase price (DKK) | Transaction value (DKK) |
| Total, last announcement | 467,000 | 311.37 | 145,410,580 |
| 31/07/2026 | 7,000 | 335.62 | 2,349,340 |
| 03/08/2026 | 8,000 | 334.27 | 2,674,160 |
| 04/08/2026 | 10,000 | 334.10 | 3,341,000 |
| 05/08/2026 | 9,000 | 325.29 | 2,927,610 |
| 06/08/2026 | 7,150 | 320.67 | 2,292,791 |
| Accumulated | 508,150 | 312.89 | 158,995,481 |
Since the share buy-back programme was initiated on 7 May 2026, the total number of repurchased shares is 508,150 at a total amount of DKK 158,995,481.
With the transactions stated above, NORDEN holds a total of 2,425,936 treasury shares, corresponding to 8.09 %. The total number of shares in NORDEN is 30,000,000. Adjusted for treasury shares, the number of shares is 27,574,064.
During the same period (31/07-26 - 06/08-26), major shareholder, Motortramp A/S, has sold 12,469 shares. Please see announcement no. 110/2026 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: thm@norden.com