DSV, 559 - Share buyback in DSV A/S


Company Announcement No. 559



On 11 August 2014, DSV A/S initiated the previously announced share buy-back programme, cf. company announcement No. 557 of 30 July 2014. According  to the programme DSV A/S will in the period from 11 August to 27 October 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 buy-back programme every 7th trading day.
 

Trading day
 
Number of shares bought back     Average transaction price Amount  DKK
1: 11 August 2014                 45,000 171.85 7,733,021
2: 12 August 2014                 52,000 172.64 8,977,441
3: 13 August 2014                 45,000 174.06 7,832,556
4: 14 August 2014                 35,574 173.51 6,172,491
5: 15 August 2014                 59,989 175.38 10,520,691
6: 18 August 2014                 23,816 176.22 4,196,763
7: 19 August 2014  60,000 177.46  10,647,720
Accumulated for trading days 1-7  321,379  174.50  56,080,682

 

 

As at today, DSV A/S holds a total of 4,458,540 shares of a nominal value of DKK 1 in DSV A/S, corresponding to 2.52% 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

 

 

 

 


Attachments

559 - Announcement (19.08.2014) - Share Buy back start.pdf