In the period 11 April to 15 April 2016, Alm. Brand bought own shares for a total amount of DKK 5.0 million as part of the share buyback programme of up to DKK 300 million announced on 1 December 2015. In aggregate, shares of DKK 122.7 million have been bought back, equivalent to 40.9% 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) |
| 11 April 2016 | 23,809 | 48.02 | 1,143,308 |
| 12 April 2016 | 21,428 | 47.43 | 1,016,330 |
| 13 April 2016 | 21,428 | 47.38 | 1,015,259 |
| 14 April 2016 | 19,047 | 47.46 | 903,971 |
| 15 April 2016 | 20,238 | 47.37 | 958,674 |
| Accumulated during the period | 105,950 | 47.55 | 5,037,542 |
| Accumulated under the share buyback programme | 2,694,003 | 45.55 | 122,713,222 |
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 6,819,713 own shares, equivalent to 3.9% of the share capital.
Contact
Please direct any questions regarding this announcement to:
Martin Egenhardt, IR Manager, on tel. +45 35 47 79 22.
