ANNOUNCEMENT NO. 156 – 4 AUGUST 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 | 189,200 | 206.83 | 39,132,077 |
| 28/07/2025 | 2,800 | 237.16 | 664,048 |
| 29/07/2025 | 2,800 | 237.78 | 665,784 |
| 30/07/2025 | 3,200 | 232.39 | 743,648 |
| 31/07/2025 | 3,400 | 228.94 | 778,396 |
| 01/08/2025 | 3,500 | 226.15 | 791,525 |
| Accumulated | 204,900 | 208.76 | 42,775,478 |
Since the share buy-back programme was initiated on 2 May 2025, the total number of repurchased shares is 204,900 at a total amount of DKK 42,775,478.
With the transactions stated above, NORDEN holds a total of 1,924,004 treasury shares, corresponding to 6.21 %. The total number of shares in NORDEN is 31,000,000. Adjusted for treasury shares, the number of shares is 29,075,996.
During the same period (28/7-25 - 1/8-25), major shareholder, Motortramp A/S, has sold 4,804 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
