ANNOUNCEMENT NO. 64 - 13 MARCH 2026
On 5 February 2026, NORDEN initiated a share buy-back programme in accordance with Regulation No. 596/2014 of the European Parliament and Council of 16 April 2014 (MAR) and Commission Delegated Regulation (EU) 2016/1052, (Safe Harbour regulation). The share buy-back programme runs from 5 February 2026 up to and including no later than 30 April 2026. For details, please see announcement no. 30 of 4 February 2026.
Under the share buy-back programme, NORDEN will purchase shares for up to a total of USD 25 million (approximately DKK 158 million). The following transactions have been made under the programme:
| Date | Number of shares | Average purchase price (DKK) | Transaction value (DKK) |
| Total, last announcement | 206,000 | 275.54 | 56,761,690 |
| 06/03/2026 | 8,000 | 291.53 | 2,332,240 |
| 09/03/2026 | 9,000 | 287.45 | 2,587,050 |
| 10/03/2026 | 9,000 | 290.70 | 2,616,300 |
| 11/03/2026 | 6,000 | 292.47 | 1,754,820 |
| 12/03/2026 | 12,000 | 280.40 | 3,364,800 |
| Accumulated | 250,000 | 277.67 | 69,416,900 |
Since the share buy-back programme was initiated on 5 February 2026, the total number of repurchased shares is 250,000 at a total amount of DKK 69,416,900
With the transactions stated above, NORDEN holds a total of 2,614,831 treasury shares, corresponding to 8.43 %. The total number of shares in NORDEN is 31,000,000. Adjusted for treasury shares, the number of shares is 28,385,169.
During the same period (06/03-26 - 12/03-26), major shareholder, Motortramp A/S, has sold 13,141 shares. Please see announcement no. 32/2026 and daily reporting.
Kind regards,
Dampskibsselskabet NORDEN A/S
Klaus Nyborg
Chairman
For further information:
Therese Möllevinge, Head of Investor Relations, tel.: +45 41 37 16 38, e-mail: thm@norden.com
