Allerød, 2015-05-20 17:23 CEST (GLOBE NEWSWIRE) -- The Board of Directors of Matas resolved on 18 November 2014 to initiate a share buyback programme in accordance with the provisions of Commission regulation no. 2273/2003 of 22 December 2003, also referred to as the "Safe Harbor" rules. See company announcement no. 14 dated 18 November 2014.
The share buyback program was initiated in order to reduce the company’s share capital. Under the share buyback program, initiated on November 18, 2014 and concluded today, Matas has bought back shares for an amount of DKK 100 million.
Under the share buyback programme, the following transactions have been made during the period 18 May – 20 May 2015:
| Trading day | Number of shares bought back | Average purchase price, DKK | Transaction value, DKK |
| 18 May 2015 | 5,000 | 152.55 | 762,750 |
| 19 May 2015 | 4,500 | 152.74 | 687,330 |
| 20 May 2015 | 4,250 | 153.28 | 651,440 |
| Accumulated under the program the last 3 trading days | 13,750 | 152.84 | 2,101,520 |
| Total accumulated under the program since 18 November 2014 | 685,465 | 145.88 | 99,998,329 |
Following the transactions, Matas has purchased a total number of 685.465 shares since 18 November 2014 and holds 783.242 treasury shares, equivalent to 1.92% of the company's total share capital.
Please address any questions to Jesper Breitenstein, Head of Investor Relations, at tel +45 2780 7675.
Matas A/S
