Source: DSV A/S
DSV, 548 - Share buyback in DSV A/S
Company Announcement No. 548
On 6 May 2014, DSV A/S initiated the previously announced share buyback programme, cf. company announcement No. 542 of 30 April 2014. According to the programme DSV A/S will in the period from 6 May to 29 July 2014 purchase own shares up to a maximum value of DKK 400,000,000 and no more than 4,000,000 shares, corresponding to 2.26% of the current share capital of DSV A/S. The programme has been implemented in accordance with the 'Safe Harbour' provisions of EU Regulation No. 2273/2003 of 22 December 2003. DSV will therefore publish the accumulated purchases under the share buyback programme every 7th trading day.
|
Trading day |
Number of shares bought back |
Average transaction price |
Amount DKK |
| Accumulated for trading days 1-14 | 454,341 | 176.79 | 80,323,774 |
| 15: 27 May 2014 | 45,000 | 180.48 | 8,121,600 |
| 16: 28 May 2014 | 48,500 | 182.29 | 8,841,065 |
| 17: 2 June 2014 | 46,500 | 182.07 | 8,466,255 |
| 18: 3 June 2014 | 45,000 | 181.85 | 8,183,250 |
| 19: 4 June 2014 | 30,000 | 180.89 | 5,426,700 |
| 20: 6 June 2014 | 30,000 | 183.95 | 5,518,500 |
| 21: 10 June 2014 | 30,000 | 184.27 | 5,528,100 |
| Accumulated for trading days 1-21 | 729,341 | 178.80 | 130,409,244 |
As at today, DSV A/S holds a total of 2,698,987 shares of a nominal value of DKK 1 in DSV A/S, corresponding to 1.52% of the total number of issued shares of 177,000,000.
Any questions may be addressed to Flemming Ole Nielsen, Director, Investor Relations, on tel. +45 43 20 33 92.
Yours sincerely,
DSV A/S