DSV, 821 - SHARE BUYBACK IN DSV PANALPINA A/S
Company Announcement No. 821
On 7 February 2020, we initiated a share buyback programme, as described in Company Announcement No. 816 of 7 February 2020. According to the programme, the company will in the period from 7 February 2020 to 30 July 2020 purchase own shares up to a maximum value of DKK 6,000,000,000 and no more than 9,800,000 shares, corresponding to 4.17% of the share capital at commencement of the programme. The programme has been implemented in accordance with Regulation No. 596/2014 of the European Parliament and Council of 16 April 2014 (MAR) and the Commission Delegated Regulation (EU) 2016/1052, also referred to as the Safe Harbour rules.
Trading day | Number of shares bought back | Average transaction price | Amount DKK | ||||
Accumulated trading for days 1-6 | 531,872 | 774.50 | 411,934,200 | ||||
7: | 17 February 2020 | 72,340 | 771.30 | 55,795,842 | |||
8: | 18 February 2020 | 70,000 | 769.70 | 53,879,000 | |||
9: | 19 February 2020 | 70,000 | 787.32 | 55,112,400 | |||
10: | 20 February 2020 | 68,000 | 794.32 | 54,013,760 | |||
11: | 21 February 2020 | 90,000 | 773.80 | 69,642,000 | |||
Accumulated trading for days 1-11 | 902,212 | 776.29 | 700,377,202 |
As at today, DSV Panalpina A/S holds a total of 7,240,531 shares of a nominal value of DKK 1 in DSV Panalpina A/S, corresponding to 3.08% of the total number of issued shares of 235,000,000.
The details of each transaction made under the share buyback programme are published on .
Any questions may be addressed to Executive Vice President, Investor Relations, Flemming Ole Nielsen, tel. .
Yours sincerely,
DSV Panalpina A/S
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