DSV DSV Panalpina A/S

DSV, 862 - DSV PANALPINA INCREASES CURRENT SHARE BUYBACK PROGRAMME

DSV, 862 - DSV PANALPINA INCREASES CURRENT SHARE BUYBACK PROGRAMME

Company Announcement No. 862

On 29 October 2020, a share buyback programme of DKK 6,000 million running until 30 April 2021 was initiated, cf. Company Announcement No. 842.

Today, the Board of Directors of DSV Panalpina decided to increase the maximum amount allocated to the share buyback programme by DKK 2,000 million, thereby increasing the maximum aggregate purchase price of the shares to be bought back under the programme to DKK 8,000 million.

All other conditions of the share buyback programme, including the total number of shares, remain unchanged. Reference is made to Company Announcement No. 842 of 29 October 2020.

As per 9 February 2021, shares of an aggregate purchase price of DKK 4,083 million had been bought back under the programme.

The programme is implemented in accordance with the Safe Harbour rules and the purpose of the share buyback is to adjust the capital structure and meet obligations relating to the Group’s share-based incentive programmes. At the Annual General Meeting of DSV Panalpina A/S, a resolution will be proposed that any shares not used for hedging or the incentive programmes be cancelled.

Any questions may be addressed to Executive Vice President, Investor Relations, Flemming Ole Nielsen, tel. .

Yours sincerely,

DSV Panalpina A/S

Attachment



EN
10/02/2021

Underlying

To request access to management, click here to engage with our
partner Phoenix-IR's CorporateAccessNetwork.com

Reports on DSV Panalpina A/S

ABGSC Shipping & Transport Research ... (+2)
  • ABGSC Shipping & Transport Research
  • Mikkel Kousgaard Rasmussen
ABGSC Shipping & Transport Research ... (+2)
  • ABGSC Shipping & Transport Research
  • Mikkel Kousgaard Rasmussen
 PRESS RELEASE

DSV, 1159 - INTERIM FINANCIAL REPORT H1 2025

DSV, 1159 - INTERIM FINANCIAL REPORT H1 2025 Company Announcement No. 1159 Stable organic financial performance and strong start to the integration of Schenker in a challenging market environment The integration of Schenker is off to a strong start both commercially and organisationally, with integration of the first countries set to commence in Q3 2025. Reaffirming expected synergies in the level of DKK 9 billion by the end of 2028.The DSV Group reported EBIT before special items of DKK 4,725 million in Q2 2025 driven by stable organic performance and a solid contribution of DKK 925 mill...

 PRESS RELEASE

DSV, 1158 - MAJOR SHAREHOLDER ANNOUNCEMENT

DSV, 1158 - MAJOR SHAREHOLDER ANNOUNCEMENT Company Announcement No. 1158 Pursuant to section 30 of the Danish Capital Markets Act please note that Agility Public Warehousing Company K.S.C.P (“Agility K.S.C.P”) informed DSV A/S (DSV) that the Agility Group has reorganized its holding of shares/voting rights according to section 38 of the Danish Capital Markets Act in DSV. Agility K.S.C.P hold shares/voting in DSV A/S via their subsidiary Agility Global PLC. Due to the internal reorganization in Agility Group, the ultimate beneficial ownership of the shares/voting rights in DSV A/S shifts fr...

 PRESS RELEASE

DSV, 1157 - MAJOR SHAREHOLDER ANNOUNCEMENT

DSV, 1157 - MAJOR SHAREHOLDER ANNOUNCEMENT Company Announcement No. 1157 Pursuant to section 30 of the Danish Capital Markets Act it is hereby announced that BlackRock, Inc. (BlackRock) has informed DSV A/S (DSV) that BlackRock has changed its holding of shares/voting rights and of other financial instruments acc. to section 39(2) of the Danish Capital Markets Act in DSV as follows: BlackRock’s share capital and voting rights in DSVHolding in DSV previouslyHolding in DSV as of 1 July 2025Share capital and voting rights attached to shares in %5.02%5.44%Share capital and voting rights throug...

ResearchPool Subscriptions

Get the most out of your insights

Get in touch