Topdanmark - weekly report on share buy-back 27
Post# of 301275
27 February 2017 Announcement No. 12/2017
On 23 February 2017, Topdanmark announced (company announcement No. 11/2017) that DKK 199m remained of the total buy-back programme for 2016 of DKK 1,650. The buy-back programme is executed in accordance with Regulation (EU) No. 596/2014 of the European Parliament and the Council of 16 April 2014, the ”Market Abuse Regulation”.
The buy-back programme for 2016 of DKK 1,650 is approved by the DFSA and will be executed until the AGM on 4 April 2017.
In the period 12 February 2016 to 21 February 2017, shares at a value of DKK 1,451m were bought back of the total share buy-back programme of DKK 1,650m.
The following transactions were made under the share buy-back programme in the period from 20 February to 24 February 2017:
Number of shares | Average purchase price (DKK) | Transaction value (DKK) | |
20 February 2017 | 40,000 | 179.43 | 7,177,200 |
21 February 2017 | 40,000 | 179.54 | 7,181,600 |
22 February 2017 | 41,000 | 179.06 | 7,341,460 |
23 February 2017 | 42,000 | 178.98 | 7,517,160 |
24 February 2017 | 45,000 | 176.71 | 7,951,950 |
Total accumulated in the period | 208,000 | 178.70 | 37,169,370 |
Total accumulated under the buy-back programme | 8,421,840 | 1,473,732,313 |
Following the transactions stated above, Topdanmark’s holding of own shares is 9,091,000 shares, corresponding to 9.57% of the share capital.
Detailed and aggregated transaction data concerning the share buy-back are attached in compliance with Commission Delegated Regulation (EU) 2016/1052 of 8 March 2016.
Please direct any queries to: Steffen Heegaard, Group Communications and IR Director Tel: +45 44 74 40 17 Mobile tel: +45 40 25 35 24
Topdanmark A/S Reg.No. 78040017 Borupvang 4 2750 Ballerup