Alm. Brand – weekly report on share buybacks
In the period 8 February 2016 to 12 February 2016, Alm. Brand bought own shares for a total amount of DKK 7.1 million as part of the share buyback programme of up to DKK 300 million announced on 1 December 2015. In aggregate, shares of DKK 73.1 million have been bought back, equivalent to 24.4% 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) |
| 8 February 2016 | 33,333 | 42.73 | 1,424,319 |
| 9 February 2016 | 33,333 | 40.70 | 1,356,653 |
| 10 February 2016 | 35,238 | 42.21 | 1,487,396 |
| 11 February 2016 | 35,714 | 40.96 | 1,462,845 |
| 12 February 2016 | 34,523 | 40.67 | 1,404,050 |
| Accumulated during the period | 172,141 | 41.45 | 7,135,264 |
| Accumulated under the share buyback programme | 1,604,740 | 45.54 | 73,086,521 |
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 6,234,322 own shares, equivalent to 3.6% 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 7 2016 - Weekly report on share buybacks.pdf