Dampskibsselskabet NORDEN A/S - weekly report on share buy-back
ANNOUNCEMENT NO. 242 - 11 NOVEMBER 2024
On 1 November 2024, 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 1 November 2024 up to and including no later than 22 January 2025. For details, please see announcement no. 235 of 31 October 2024.
Under the share buy-back programme, NORDEN will purchase shares for up to a total of USD 12 million (approximately DKK 83 million). Under the programme, the following transactions have been made:
Date Number Average purchase price (DKK) Transaction value (DKK)
of
shares
Total, last 0 0.00 0
announcement
01/11/2024 6,500 243.18 1,580,670
04/11/2024 8,000 228.82 1,830,560
05/11/2024 9,000 223.77 2,013,930
06/11/2024 9,000 217.45 1,957,050
07/11/2024 8,000 222.85 1,782,800
08/11/2024 9,000 219.00 1,971,000
Accumulated 49,500 224.97 11,136,010
Since the share buy-back programme was initiated on 1 November 2024, the total number of repurchased shares is 49,500 at a total amount of DKK 11,136,010.
With the transactions stated above, NORDEN holds a total of 1,746,478 treasury shares, corresponding to 5.46%. The total number of shares in NORDEN is 32,000,000 million. Adjusted for treasury shares, the number of shares is 30,253,522.
During the same period (1/11-24 - 8/11-24) major shareholder, Motortramp A/S, has sold 15,176 shares. Please see announcement no. 237/24 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
Isabella Zaugg Hansen, Investor Relations Manager, tel.: +45 27 62 90 96, e-mail: izh@norden.com