ANNOUNCEMENT NO. 118 – 19 JUNE 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 | 92,300 | 199.91 | 18,452,048 |
| 12/06/2025 | 2,800 | 211.53 | 592,284 |
| 13/06/2025 | 2,500 | 221.97 | 554,925 |
| 16/06/2025 | 2,500 | 219.92 | 549,800 |
| 17/06/2025 | 2,500 | 219.63 | 549,075 |
| 18/06/2025 | 2,500 | 217.37 | 543,425 |
| Accumulated | 105,100 | 202.11 | 21,241,557 |
Since the share buy-back programme was initiated on 2 May 2025, the total number of repurchased shares is 105,100 at a total amount of DKK 21,241,557.
With the transactions stated above, NORDEN holds a total of 1,824,204 treasury shares, corresponding to 5.88 %. The total number of shares in NORDEN is 31,000,000. Adjusted for treasury shares, the number of shares is 29,175,796.
During the same period (12/6-25 - 18/6-25), major shareholder, Motortramp A/S, has sold 3,917 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
