25 April 2016
Announcement No. 26/2016
On 11 February 2016, Topdanmark announced a buy-back programme of up to DKK 300m in its company announcement No. 10/2016. The buy-back programme will be executed in accordance with the European Commission’s Regulation No. 2273/2003 of 22 December 2003, the ”Safe Harbour-regulation”. The share buy-back will take place in the period from 12 February 2016 to 9 May 2016.
This buy-back programme is part of an overall buy-back programme of a total of DKK 1,250m, until 23 February 2017.
The following transactions have been made under the share buy-back programme in the period from 18 April to 21 April 2016:
Number of shares |
Average purchase price (DKK) |
Transaction value (DKK) |
|
18 April 2016 | 57,000 | 170.31 | 9,707,670 |
19 April 2016 | 59,000 | 172.85 | 10,198,150 |
20 April 2016 | 59,000 | 173.28 | 10,223,520 |
21 April 2016 | 58,000 | 174.70 | 10,132,600 |
Total accumulated in the period | 233,000 | 172.80 | 40,261,940 |
Total accumulated under the buy-back programme | 954,520 | 155,847,283 |
Following the transactions stated above, Topdanmark’s holding of own shares is 11,837,000 shares, corresponding to 11.30% of the share capital.
Please direct any queries to:
Steffen Heegaard, Group Communications and IR Director
Direct tel: +45 4474 4017, mobile tel: +45 4025 3524
Topdanmark A/S
Reg.No. 78040017
Borupvang 4
2750 Ballerup