Alm. Brand – weekly report on share buybacks
In the period 7 March 2016 to 11 March 2016, Alm. Brand bought own shares for a total amount of DKK 6.2 million as part of the share buyback programme of up to DKK 300 million announced on 1 December 2015. In aggregate, shares of DKK 99.4 million have been bought back, equivalent to 33.1% 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) |
| 7 March 2016 | 26,190 | 45.83 | 1,200,288 |
| 8 March 2016 | 28,571 | 45.76 | 1,307,409 |
| 9 March 2016 | 28,571 | 46.00 | 1,314,266 |
| 10 March 2016 | 26,190 | 46.10 | 1,207,359 |
| 11 March 2016 | 26,190 | 46.39 | 1,214,954 |
| Accumulated during the period | 135,712 | 46.01 | 6,244,276 |
| Accumulated under the share buyback programme | 2,203,538 | 45.11 | 99,398,421 |
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 6,305,850 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 13 2016 - Weekly report on share buybacks.pdf