Weekly report on share buy-back
23 Oct 2013
On 14 August 2013, NORDEN initiated the third phase of a share buy-back programme in accordance with EU Commission Regulation no. 2273/2003 (the Safe Harbor method), which ensures that the Company is protected against violation of insider legislation during the share buy-back.
Since the third phase of the share buy-back programme was initiated on 14 August 2013, the total number of repurchased shares is 198,346 at a total amount of DKK 42,259,440. With the transactions stated above, NORDEN holds a total of 2,239,037 treasury shares, corresponding to 5.2%. The total number of shares in NORDEN is 43 million. Adjusted for treasury shares, the number of shares is 40,760,963.