In the period 21 December 2015 to 23 December 2015, Alm. Brand bought own shares for a total amount of DKK 4.3 million as part of the share buyback programme of up to DKK 300 million announced on 1 December 2015. In aggregate, shares of DKK 25.5 million have been bought back, equivalent to 8.5% of the overall programme.
Under the share buyback programme, the following transactions were made during the period:
| Date |
No. of shares |
Average purchase price (DKK) |
Transaction value (DKK) |
| 21 December 2015 | 32,142 | 46.96 | 1,509,388 |
| 22 December 2015 | 30,952 | 46.86 | 1,450,411 |
| 23 December 2015 | 28,571 | 46.89 | 1,339,694 |
| Accumulated during the period | 91,665 | 46.90 | 4,299,493 |
| Accumulated under the share buyback programme | 545,232 | 46.71 | 25,467,595 |
Danske Bank manages the share buyback programme, which is completed as a Safe Harbour scheme in accordance with Commission Regulation (EC) No. 2273/2003 of 22 December 2003.
Following the above transactions, Alm. Brand holds 5,035,694 own shares, equivalent to 2.9% of the share capital.
Please direct any questions regarding this announcement to:
Martin Egenhardt, IR Manager, on tel. +45 35 47 79 22.
