ANNOUNCEMENT NO. 132 – 7 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 | 122,800 | 203.01 | 24,929,631 |
| 27/06/2025 | 3,600 | 205.36 | 739,296 |
| 30/06/2025 | 3,600 | 203.43 | 732,348 |
| 01/07/2025 | 4,500 | 196.80 | 885,600 |
| 02/07/2025 | 4,500 | 197.91 | 890,595 |
| 03/07/2025 | 4,000 | 203.39 | 813,560 |
| 04/07/2025 | 4,000 | 203.13 | 812,520 |
| Accumulated | 147,000 | 202.75 | 29,803,550 |
Since the share buy-back programme was initiated on 2 May 2025, the total number of repurchased shares is 147,000 at a total amount of DKK 29,803,550.
With the transactions stated above, NORDEN holds a total of 1,866,104 treasury shares, corresponding to 6.02 %. The total number of shares in NORDEN is 31,000,000. Adjusted for treasury shares, the number of shares is 29,133,896.
During the same period (27/6-25 - 4/7-25), major shareholder, Motortramp A/S, has sold 7,704 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
Isabella Zaugg Hansen, Investor Relations Manager, tel.: +45 27 62 90 96, e-mail: izh@norden.com
