Topdanmark – weekly report on share buy-backs


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