2 May 2016
Announcement No. 27/2016
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 25 April to 29 April 2016:
|
Number of shares |
Average purchase price (DKK) |
Transaction value (DKK) |
|
| 25 April 2016 | 58,000 | 173.15 | 10,042,700 |
| 26 April 2016 | 58,000 | 173.50 | 10,063,000 |
| 27 April 2016 | 58,000 | 176.70 | 10,248,600 |
| 28 April 2016 | 59,000 | 175.74 | 10,368,660 |
| 29 April 2016 | 59,000 | 173.49 | 10,235,910 |
| Total accumulated in the period | 292,000 | 174.52 | 50,958,870 |
| Total accumulated under the buy-back programme | 1,246,520 | 206,806,153 |
Following the transactions stated above, Topdanmark’s holding of own shares is 12,129,000 shares, corresponding to 11.55% 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