In the period from 10 to 18 May 2016, Tryg purchased own shares for an amount of DKK 29m as part of the share buy back programme of DKK 1,000m initiated on 6 April 2016. The programme will run until 30 December 2016.
Since the share buy back programme was initiated, the total number of repurchased shares is 1,274,239 at a total amount of DKK 160m corresponding to 16.0% of the programme.
Last week the following transactions have been made:
| Number of shares |
Average purchase price |
Transaction value (DKK) |
|
| 10 May 2016 | 35,800 | 123.49 | 4,420,874 |
| 11 May 2016 | 47,500 | 123.69 | 5,875,261 |
| 12 May 2016 | 62,500 | 122.98 | 7,686,356 |
| 13 May 2016 | 17,500 | 122.93 | 2,151,287 |
| 17 May 2016 | 20,320 | 126.73 | 2,575,176 |
| 18 May 2016 | 50,000 | 126.63 | 6,331,275 |
|
Accumulated |
233,620 | 124.31 | 29,040,229 |
The share buy back programme is arranged in compliance with the EU Commission Regulation no. 2273/2003 of 22 December 2003, the so-called Safe Harbour Regulative for share buy back.
With the transactions stated above, Tryg owns a total of 8,445,490 shares, corresponding to 2.9% of the total number of shares of 289,559,550. Adjusted for own shares, the number of shares is 281,114,060.
Additional information
For further information visit tryg.com or contact Investor Relations;
- Investor Relations Officer Gianandrea Roberti on +45 20 18 82 67 or gianandrea.roberti@tryg.dk
- Investor Relations Manager Peter Brondt on +45 22 75 89 04 or peter.brondt@tryg.dk
Tryg is the second-largest insurance company in the Nordic region with activities in Denmark, Norway and Sweden. Tryg provides peace of mind and value for 2.7 million customers on a daily basis. Tryg is listed on Nasdaq Copenhagen and 60% of the shares are held by TryghedsGruppen smba. TryghedsGruppen, annually, contributes around DKK 500m to peace of mind purposes via TrygFonden.
