Topdanmark – weekly report on share buy-backs
Topdanmark – weekly report on share buy-backs
7 December 2015
Announcement No. 20/2015
On 16 November 2015, Topdanmark announced a buy-back programme of up to DKK 564m in accordance with the European Commission’s Regulation No. 2273/2003 of 22 December 2003, the ”Safe Harbour-regulation”. The share buy-back will be made in the period from 17 November 2015 to 10 February 2016.
This buy-back programme is part of an overall buy-back programme of a total of DKK 1.95bn, the balance of which was DKK 564m on 16 November 2015.
The following transactions have been made under the share buy-back programme in the period from 30 November to 4 December 2015.
| Number of shares |
Average purchase price (DKK) |
Transacation value (DKK) |
|
| 30 November 2015 | 46,000 | 196.40 | 9,034,400 |
| 1 December 2015 | 45,000 | 198.69 | 8,941,050 |
| 2 December 2015 | 48,000 | 198.42 | 9,524,160 |
| 3 December 2015 | 47,000 | 198.68 | 9,337,960 |
| 4 December 2015 | 47,000 | 196.01 | 9,212,470 |
| Total accumulated in the period | 233,000 | 197.64 | 46,050,040 |
| Total accumulated under the buy-back programme | 654,230 | 125,701,098 |
Following the transactions stated above, Topdanmark’s holding of own shares is 8,515,000 shares, corresponding to 8.11% of the share capital.
Please direct any queries to:
Steffen Heegaard, Head of IR and Group Communications
Direct tel: +45 4474 4017, Mobile: +45 4025 3524
Topdanmark A/S
Reg.No. 78040017
Borupvang 4
2750 Ballerup