Alm. Brand – weekly report on share buybacks
In the period 18 January 2016 to 22 January 2016, Alm. Brand bought own shares for a total amount of DKK 7.9 million as part of the share buyback programme of up to DKK 300 million announced on 1 December 2015. In aggregate, shares of DKK 50.7 million have been bought back, equivalent to 16.9% of the overall programme.
Under the share buyback programme, the following transactions were made during the period:
| Date | No. of shares |
Average purchase price (DKK) | Transaction value (DKK) |
| 18 January 2016 | 35,714 | 42.68 | 1,524,274 |
| 19 January 2016 | 35,714 | 44.11 | 1,575,345 |
| 20 January 2016 | 35,714 | 43.03 | 1,536,773 |
| 21 January 2016 | 36,190 | 43.73 | 1,582,589 |
| 22 January 2016 | 36,904 | 45.31 | 1,672,120 |
| Accumulated during the period | 180,236 | 43.78 | 7,891,100 |
| Accumulated under the share buyback programme | 1,096,891 | 46.26 | 50,744,482 |
Danske Bank manages the share buyback programme, which is completed as a Safe Harbour scheme in accordance with Commission Regulation (EC) No. 2273/2003 of 22 December 2003.
Following the above transactions, Alm. Brand holds 5,685,383 own shares, equivalent to 3.3% of the share capital.
Contact
Please direct any questions regarding this announcement to:
Martin Egenhardt, IR Manager, on tel. +45 35 47 79 22.
Vedhæftede filer:
AS 4 2016 - Weekly report on share buybacks.pdf