Topdanmark - weekly report on share buy-back
26 September 2016
Announcement No. 56/2016
On 16 August 2016, Topdanmark announced a buy-back programme of up to DKK 401m in its company announcement No. 44/2016. The buy-back programme will be executed in accordance with Regulation (EU) No. 596/2014 of the European Parliament and the Council of 16 April 2014, the "Market Abuse Regulation". The share buy-back will take place in the period from 17 August 2016 to 14 November 2016.
This buy-back programme is part of an overall buy-back programme of a total of DKK 1,450m, until 23 February 2017, of which the DFSA so far has approved buy-back of DKK 1,000m until 31 December 2016.
In the period 12 February 2016 to 15 August 2016, shares at a value of DKK 599m were bought back, of the total DKK 1,450m share buy-back programme.
The following transactions were made under the share buy-back programme in the period from 19 September to 23 September 2016:
| Number of shares |
Average purchase price (DKK) |
Transaction value (DKK) |
|
| 19 September 2016 | 38,000 | 186.90 | 7,102,200 |
| 20 September 2016 | 30,000 | 187.18 | 5,615,400 |
| 21 September 2016 | 33,000 | 187.20 | 6,177,600 |
| 22 September 2016 | 30,000 | 186.30 | 5,589,000 |
| 23 September 2016 | 24,000 | 185.71 | 4,457,040 |
| Total accumulated in the period | 155,000 | 186.72 | 28,941,240 |
| Total accumulated under the buy-back programme | 4,563,820 | 776,407,794 |
Following the transactions stated above, Topdanmark's holding of own shares is 5,353,000 shares, corresponding to 5.63% of the share capital.
Detailed and aggregated transaction data concerning the share buy-back are attached in compliance with Commission Delegated Regulation (EU) 2016/1052 of 8 March 2016.
Please direct any queries to:
Steffen Heegaard, Group Communications and IR Director
Tel: +45 44 74 40 17
Mobile tel: +45 40 25 35 24
Topdanmark A/S
Reg.No. 78040017
Borupvang 4
2750 Ballerup
Vedhæftede filer:
Attachment_buy-back_ 56-2016.pdf