Transactions in relation to share buyback program

Udgivet den 16-01-2018  |  kl. 12:39  |  

Acting under its share buyback authorization, the GN Store Nord board of directors initiated a share buyback program on May 4, 2017 in accordance with article 5 of the regulation (EU) no. 596/2014 of 16 April 2014 on market abuse and the delegated regulation (EU) no. 2016/1052 of 8 March 2016, also referred to as the Safe Harbor rules (company announcement no. 20 of May 4, 2017).

The share buyback program has been initiated in order to reduce the company's share capital and to cover obligations under the long-term incentive program. Under the share buyback program, which is running from May 4, 2017 and ending no later than March 12, 2018, GN intends to buy back shares for an amount of up to DKK 1,000 million.

The following transactions have been made under the program in the period January 9, 2018 - January 15, 2018:

  No. of shares Average purchase price, DKK Transaction Value, DKK
January 9, 2018 58,359 210.16 12,264,657
January 10, 2018 30,000 207.28 6,218,286
January 11, 2018 69,000 200.89 13,861,093
January 12, 2018 20,000 198.66 3,973,182
January 15, 2018 53,000 198.21 10,504,881
Accumulated under the program 3,629,555 201.54 731,487,469

 

Following the above transactions GN owns a total of 9,550,674 own shares corresponding to 6.6% of the company's total share capital. Every Tuesday, GN will announce the number and value of repurchased shares in company announcements to Nasdaq Copenhagen.

For further information, please contact:

Investors and analysts
Peter Justesen
VP - Investor Relations & Treasury
Tel: +45 45 75 87 16

Press and the media
Lars Otto Andersen-Lange
Group Media Manager
Tel: +45 45 75 02 55

About GN Group
GN Group is a global leader in intelligent audio solutions that let you hear more, do more and be more than you ever thought possible. We transform lives through the power of sound: Smart Hearing aids that enhance the lives of people with hearing loss; integrated headset and communications solutions that assist professionals in all types of businesses to be more productive; wireless headsets and earbuds designed to support any lifestyle - from sports enthusiasts to commuters and office workers.

With world leading expertise in the human ear, sound, wireless technology and miniaturization, GN's innovative and intelligent audio solutions are marketed by the brands Jabra, ReSound, Beltone and Interton in 100 countries across the world. Founded in 1869, the GN Group today has more than 5,000 employees and is listed on Nasdaq Copenhagen (GN.CO).

Visit our homepage GN.com - and connect with us on LinkedIn, Facebook and Twitter.

Vedhæftede filer:

Announcement 3 - Transactions under share buyback program.pdf

GN_STORE.pdf

Udgivet af: NPinvestordk

Strategier du kan handle

Navn
 
+/-(%)
 
Tid

 
0,00%
 
16:50:02

 
0,00%
 
19:45:01

 
-0,75%
 
16:50:02

 
0,00%
 
19:45:01

Social Copy trading - kopier handler fra ovenstående strategier så de eksekveres live på din egen konto.
Læs mere her.

 

Seneste nyheder