Bang & Olufsen A/S - share buyback programme

Udgivet den 24-12-2018  |  kl. 06:50  |  


On 3 September 2018, Bang & Olufsen initiated a share buyback programme 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.
                                                                      
Under the share buyback programme, which runs from 3 September 2018 and will end no later than 31 December 2019, Bang & Olufsen intends to buy back shares for an amount of up to DKK 485 million.

The following transactions have been made under the program in the period 17 December 2018 - 21 December 2018:

  No. of shares Average purchase price (DKK) Transaction value (DKK)
Total previous announcement 1,071,949 139.05 149,055,900
       
17 December 2018 10,000 139.87 1,398,700
18 December 2018 11,000 136.62 1,502,820
19 December 2018 10,000 137.70 1,377,000
20 December 2018 13,500 95.06 1,283,310
21 December 2018 27,000 89.42 2,414,340
       
Total this period 71,500 111.55 7,976,170
       
Accumulated under the programme 1,143,449 137.33 157,032,070

Following the above transactions, Bang & Olufsen holds a total of 1,253,439 own shares corresponding to 2.9 % of the total share capital and the total voting rights in the company.

Please see the attached file for detailed information about individual trades under the program in the period 17-21 December 2018.

For further information, please contact: Sr. Director, Global Finance & SDO, Malene Richter Christensen, tel.: +45 29741609.

Attachment

BO_1833_Weekly_SBB_announcement_week 51_UK

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Udgivet af: NPinvestordk

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