In the period 2 December 2015 to 4 December 2015, Alm. Brand bought own shares for a total amount of DKK 5,2 million as part of the share buyback programme of up to DKK 300 million announced on 1 December 2015. In aggregate, shares of DKK 5.2 million have been bought back, equivalent to 1.7% of the overall programme.
Under the share buyback programme, the following transactions were made during the period:
| Date | No. of shares | Average purchase price (DKK) | Transaction value (DKK) |
| 2 December 2015 | 35,714 | 46.34 | 1,654,987 |
| 3 December 2015 | 38,095 | 46.64 | 1,776,751 |
| 4 December 2015 | 38,095 | 46.65 | 1,777,132 |
| Accumulated during the period | 111,904 | 46.55 | 5,208,869 |
Danske Bank manages the share buyback programme, which is completed as a Safe Harbour scheme in accordance with Commission Regulation (EC) No. 2273/2003 of 22 December 2003.
Following the above transactions, Alm. Brand holds 4,555,396 own shares, equivalent to 2.6% of the share capital.
Contact
Please direct any questions regarding this announcement to:
Martin Egenhardt, IR Manager, on tel. +45 35 47 79 22.
