In the period 14 December 2015 to 18 December 2015, Alm. Brand bought own shares for a total amount of DKK 7,7 million as part of the share buyback programme of up to DKK 300 million announced on 1 December 2015. In aggregate, shares of DKK 21,2 million have been bought back, equivalent to 7,1% 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) |
| 14 December 2015 | 35,714 | 45.84 | 1,637,130 |
| 15 December 2015 | 33,333 | 45.94 | 1,531,318 |
| 16 December 2015 | 33,333 | 47.22 | 1,573,984 |
| 17 December 2015 | 30,952 | 47.89 | 1,482,291 |
| 18 December 2015 | 32,142 | 47.42 | 1,524,174 |
| Accumulated during the period | 165,474 | 46.83 | 7,748,897 |
| Accumulated under the share buyback programme | 453,567 | 46.67 | 21,168,102 |
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 4,928,175 own shares, equivalent to 2.8% of the share capital.
Please direct any questions regarding this announcement to: Martin Egenhardt, IR Manager, on tel. +45 35 47 79 22.