In the period 18 April 2016 to 21 April 2016, Alm. Brand bought own shares for a total amount of DKK 2.0 million as part of the share buyback programme of up to DKK 300 million announced on 1 December 2015. In aggregate, shares of DKK 124.7 million have been bought back, equivalent to 41.6% 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 April 2016 | 11,904 | 46.85 | 557,702 |
| 19 April 2016 | 11,904 | 47.05 | 560,083 |
| 20 April 2016 | 9,523 | 46.77 | 445,391 |
| 21 April 2016 | 9,523 | 46.69 | 444,629 |
| Accumulated during the period | 42,854 | 46.85 | 2,007,805 |
| Accumulated under the share buyback programme | 2,736,857 | 45.57 | 124,721,027 |
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 6,862,567 own shares, equivalent to 4.0% of the share capital.
Contact
Please direct any questions regarding this announcement to:
Martin Egenhardt, IR Manager, on tel. +45 35 47 79 22.
