ANNOUNCEMENT NO. 144 – 21 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 | 163,100 | 203.66 | 33,216,867 |
| 14/07/2025 | 2,700 | 220.71 | 595,917 |
| 15/07/2025 | 2,700 | 223.46 | 603,342 |
| 16/07/2025 | 2,700 | 224.20 | 605,340 |
| 17/07/2025 | 2,800 | 224.83 | 629,524 |
| 18/07/2025 | 2,800 | 226.49 | 634,172 |
| Accumulated | 176,800 | 205.23 | 36,285,162 |
Since the share buy-back programme was initiated on 2 May 2025, the total number of repurchased shares is 176,800 at a total amount of DKK 36,285,162.
With the transactions stated above, NORDEN holds a total of 1,895,904 treasury shares, corresponding to 6.12 %. The total number of shares in NORDEN is 31,000,000. Adjusted for treasury shares, the number of shares is 29,104,096.
During the same period (14/7-25 - 18/7-25), major shareholder, Motortramp A/S, has sold 4,192 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
