On 8 November 2018, 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 8 November 2018 up to and including no later than 28 February 2019.
Under the share buy-back programme, NORDEN will purchase shares for up to a total of USD 10 million (approximately DKK 66 million).
Since the share buy-back programme was initiated on 8 November 2018, the total number of repurchased shares is 239,000 at a total amount of DKK 22,130,160.
With the transactions stated above, NORDEN holds a total of 1,971,385 treasury shares, corresponding to 4.67%. The total number of shares in NORDEN is 42,200,000 million. Adjusted for treasury shares, the number of shares is 40,228,615.