Final transactions under share buyback programme
Allerød, 2016-05-13 10:21 CEST (GLOBE NEWSWIRE) -- The Board of Directors of Matas resolved on 19 November 2015 to initiate a share buyback programme in accordance with the provisions of EU Commission regulation no. 2273/2003 of 22 December 2003, normally referred to as the Safe Harbor rules. See company announcement no. 16 dated 19 November 2015.
The programme was initiated with a view to cancelling the shares bought back. Under the share buyback programme, which was initiated on 19 November 2015 and concluded 12 May 2016, Matas has repurchased shares for an amount of DKK 125 million.
Under the share buyback programme, the following transaction was made on 12 May 2016:
Trading day | Number of shares | Average purchase price, DKK | Transaction value, DKK |
12 May 2016 | 9,100 | 124.35 | 1,131,585 |
Accumulated under the program | 980,863 | 127.43 | 124,988,538 |
Following the transactions, Matas has purchased a total number of 980,863 shares since 19 November 2015 and holds 1,275,793 treasury shares, equivalent to 3.17% of the company's total share capital.
Please address any questions to Søren Mølbak, Head of Investor Relations, at tel +45 48 1655 48.
Matas A/S
Vedhæftede filer:
Matas #6 share buy back 13 05 2016 - Final buyback.docx.pdf