ANNOUNCEMENT NO. 76 - 27 MARCH 2026
On 5 February 2026, 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 5 February 2026 up to and including no later than 30 April 2026. For details, please see announcement no. 30 of 4 February 2026.
Under the share buy-back programme, NORDEN will purchase shares for up to a total of USD 25 million (approximately DKK 158 million). The following transactions have been made under the programme:
| Date | Number of shares | Average purchase price (DKK) | Transaction value (DKK) |
| Total, last announcement | 313,000 | 276.20 | 86,449,190 |
| 20/03/2026 | 12,000 | 278.82 | 3,345,840 |
| 23/03/2026 | 14,000 | 270.20 | 3,782,800 |
| 24/03/2026 | 8,000 | 282.47 | 2,259,760 |
| 25/03/2026 | 8,000 | 284.63 | 2,277,040 |
| 26/03/2026 | 8,000 | 287.41 | 2,299,280 |
| Accumulated | 363,000 | 276.62 | 100,413,910 |
Since the share buy-back programme was initiated on 5 February 2026, the total number of repurchased shares is 363,000 at a total amount of DKK 100,413,910
With the transactions stated above, NORDEN holds a total of 2,727,831 treasury shares, corresponding to 8.80 %. The total number of shares in NORDEN is 31,000,000. Adjusted for treasury shares, the number of shares is 28,272,169.
During the same period (20/03-26 - 26/03-26), major shareholder, Motortramp A/S, has sold 14,932 shares. Please see announcement no. 32/2026 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
