Nasdaq Copenhagen
Nikolaj Plads 6
DK-1007 Copenhagen K
23 May 2016
Announcement No. 23
Transactions in connection with share buyback programme
On 26 February 2016 NKT launched a share buyback programme of up to DKK 550m, cf. Company Announcement No. 3. The programme is established and structured in accordance with Commission Regulation (EC) No 2273/2003 of 22 December 2003 (the Safe Harbour method) with the objective to initiate an adjustment of NKT’s capital structure in accordance with communicated targets. The share buyback programme will end no later than 31 January 2017.
The following transactions have been made under the programme in week 20:
|
Number of shares |
Average purchase price, DKK | Amount, DKK | |
| Accumulated last announcement | 246,481 | 90,944,456 | |
| 17 May 2016 | 8,282 | 361.55 | 2,994,382 |
| 18 May 2016 | 15,731 | 360.19 | 5,666,100 |
| 19 May 2016 | 10,913 | 357.12 | 3,897,213 |
| 20 May 2016 | 5,223 | 360.70 | 1,883,918 |
| Accumulated under the programme | 286,630 | 105,386,070 |
Including these transactions, NKT owns a total of 364,055 shares, corresponding to1.49% of the share capital.
Investor Relations contact
Lasse Snejbjerg
Vice President
Tel. +45 2913 6607
