1 February 2016
Announcement No. 07/2016
On 16 November 2015, Topdanmark announced a buy-back programme of up to DKK 564m in accordance with the European Commission’s Regulation No. 2273/2003 of 22 December 2003, the ”Safe Harbour-regulation”. The share buy-back will be made in the period from 17 November 2015 to
10 February 2016.
This buy-back programme is part of an overall buy-back programme of a total of DKK 1.95bn, the balance of which was DKK 564m on 16 November 2015.
The following transactions have been made under the share buy-back programme in the period from
25 to 29 January 2016.
Number of shares |
Average purchase price (DKK) |
Transaction value (DKK) |
|
25 January 2016 | 62,000 | 168.64 | 10,455,680 |
26 January 2016 | 64,000 | 168.67 | 10,794,880 |
27 January 2016 | 60,000 | 169.42 | 10,165,200 |
28 January 2016 | 59,000 | 170.77 | 10,075,430 |
29 January 2016 | 58,000 | 173.21 | 10,046,180 |
Total accumulated in the period | 303,000 | 170.09 | 51,537,370 |
Total accumulated under the buy-back programme | 2,665,230 | 487,085,198 |
Following the transactions stated above, Topdanmark’s holding of own shares is 10,526,000 shares, corresponding to 10.02% of the share capital.
Please direct any queries to:
Steffen Heegaard, Group Communications and IR Director
Direct tel: +45 4474 4017, mobile: +45 4025 3524
Topdanmark A/S
Reg.No. 78040017
Borupvang 4
2750 Ballerup