ANNOUNCEMENT NO.163 - 10 JULY 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 |
339,000 |
306.57 |
103,928,080 |
|
03/07/2026 |
7,000 |
308.16 |
2,157,120 |
|
06/07/2026 |
7,000 |
303.05 |
2,121,350 |
|
07/07/2026 |
7,000 |
310.27 |
2,171,890 |
|
08/07/2026 |
6,000 |
322.25 |
1,933,500 |
|
09/07/2026 |
6,000 |
319.96 |
1,919,760 |
|
Accumulated |
372,000 |
307.07 |
114,231,700 |
Since the share buy-back programme was initiated on 7 May 2026, the total number of repurchased shares is 372,000 at a total amount of DKK 114,231,700.
With the transactions stated above, NORDEN holds a total of2,295,025 treasury shares, corresponding to 7.65 %. The total number of shares in NORDEN is 30,000,000. Adjusted for treasury shares, the number of shares is 27,704,975.
During the same period (03/07-26 - 09/07-26), major shareholder, Motortramp A/S, has sold 9,999 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