Alm. Brand - weekly report on share buybacks
In the period 21 March 2016 to 23 March 2016, Alm. Brand bought own shares for a total amount of DKK 3.0 million as part of the share buyback programme of up to DKK 300 million announced on 1 December 2015. In aggregate, shares of DKK 108.0 million have been bought back, equivalent to 36.0% 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) |
| 21 March 2016 | 21,428 | 47.57 | 1,019,330 |
| 22 March 2016 | 21,428 | 47.72 | 1,022,544 |
| 23 March 2016 | 19,047 | 47.96 | 913,494 |
| Accumulated during the period | 61,903 | 47.74 | 2,955,368 |
| Accumulated under the share buyback programme | 2,386,867 | 45.26 | 108,040,597 |
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 6,459,181 own shares, equivalent to 3.7% 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 17 2016 - Weekly report on share buybacks.pdf
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