In the period 4 January 2016 to 8 January 2016, Alm. Brand bought own shares for a total amount of DKK 6.8 million as part of the share buyback programme of up to DKK 300 million announced on 1 December 2015. In aggregate, shares of DKK 35.8 million have been bought back, equivalent to 12.0% 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) |
| 4 January 2016 | 28,571 | 47.98 | 1,370,837 |
| 5 January 2016 | 26,190 | 48.30 | 1,264,977 |
| 6 January 2016 | 26,190 | 47.76 | 1,250,834 |
| 7 January 2016 | 30,952 | 46.63 | 1,443,292 |
| 8 January 2016 | 30,952 | 47.02 | 1,455,363 |
| Accumulated during the period | 142,855 | 47.50 | 6,785,303 |
| Accumulated under the share buyback programme | 764,276 | 46.90 | 35,845,686 |
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 5,317,768 own shares, equivalent to 3.1% of the share capital.
Contact
Please direct any questions regarding this announcement to:
Martin Egenhardt, IR Manager, on tel. +45 35 47 79 22.
