ANNOUNCEMENT NO. 150 – 28 JULY 2025
On 2 May 2025, 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 May 2025 up to and including no later than 7 August 2025. For details, please see announcement no. 83 of 1 May 2025.
Under the share buy-back programme, NORDEN will purchase shares for up to a total of USD 7 million (approximately DKK 46 million). The following transactions have been made under the programme:
| Date | Number of shares | Average purchase price (DKK) | Transaction value (DKK) |
| Total, last announcement | 176,800 | 205.23 | 36,285,162 |
| 21/07/2025 | 2,500 | 223.97 | 559,925 |
| 22/07/2025 | 2,600 | 222.78 | 579,228 |
| 23/07/2025 | 2,400 | 230.52 | 553,248 |
| 24/07/2025 | 2,400 | 234.86 | 563,664 |
| 25/07/2025 | 2,500 | 236.34 | 590,850 |
| Accumulated | 189,200 | 206.83 | 39,132,077 |
Since the share buy-back programme was initiated on 2 May 2025, the total number of repurchased shares is 189,200 at a total amount of DKK 39,132,077.
With the transactions stated above, NORDEN holds a total of 1,908,304 treasury shares, corresponding to 6.16 %. The total number of shares in NORDEN is 31,000,000. Adjusted for treasury shares, the number of shares is 29,091,696.
During the same period (21/7-25 - 25/7-25), major shareholder, Motortramp A/S, has sold 3,793 shares. Please see announcement no. 84/2025 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
