ANNOUNCEMENT NO.150 - 26 JUNE 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 | 236,000 | 312.18 | 73,673,950 |
| 19/06/2026 | 10,000 | 300.67 | 3,006,700 |
| 22/06/2026 | 10,000 | 303.64 | 3,036,400 |
| 23/06/2026 | 10,000 | 308.01 | 3,080,100 |
| 24/06/2026 | 10,000 | 309.99 | 3,099,900 |
| 25/06/2026 | 11,000 | 303.99 | 3,343,890 |
| Accumulated | 287,000 | 310.94 | 89,240,940 |
Since the share buy-back programme was initiated on 7 May 2026, the total number of repurchased shares is 287,000 at a total amount of DKK 89,240,940.
With the transactions stated above, NORDEN holds a total of 2,210,025 treasury shares, corresponding to 7.37 %. The total number of shares in NORDEN is 30,000,000. Adjusted for treasury shares, the number of shares is 27,789,975.
During the same period (19/06-26 - 25/06-26), major shareholder, Motortramp A/S, has sold 15,453 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