Alm. Brand – weekly report on share buybacks


In the period 18 January 2016 to 22 January 2016, Alm. Brand bought own shares for a total amount of DKK 7.9 million as part of the share buyback programme of up to DKK 300 million announced on 1 December 2015. In aggregate, shares of DKK 50.7 million have been bought back, equivalent to 16.9% 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)
18 January 2016 35,714 42.68 1,524,274
19 January 2016 35,714 44.11 1,575,345
20 January 2016 35,714 43.03 1,536,773
21 January 2016 36,190 43.73 1,582,589
22 January 2016 36,904 45.31 1,672,120
Accumulated during the period 180,236 43.78 7,891,100
Accumulated under the share buyback programme 1,096,891 46.26 50,744,482

 

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 5,685,383 own shares, equivalent to 3.3% of the share capital.

 

Contact

Please direct any questions regarding this announcement to:

Martin Egenhardt, IR Manager, on tel. +45 35 47 79 22.

 


Attachments

AS 4 2016 - Weekly report on share buybacks.pdf