DSV, 824 - SHARE BUYBACK IN DSV PANALPINA A/S
Company Announcement No. 824
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 1-21 | 2,012,212 | 734.88 | 1,478,736,402 | ||||
| 22: | 9 March 2020 | 145,000 | 631.26 | 91,532,700 | |||
| 23: | 10 March 2020 | 120,000 | 641.11 | 76,933,200 | |||
| 24: | 11 March 2020 | 120,000 | 638.50 | 76,620,000 | |||
| 25: | 12 March 2020 | 130,000 | 593.69 | 77,179,700 | |||
| 26: | 13 March 2020 | 110,000 | 621.66 | 68,382,600 | |||
| Accumulated trading for days 1-26 | 2,637,212 | 708.85 | 1,869,384,602 | ||||
As at today, DSV Panalpina A/S holds a total of 8,940,031 shares of a nominal value of DKK 1 in DSV Panalpina A/S, corresponding to 3.80% 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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