Topdanmark - weekly report on share buy-back 6 M
Post# of 301275
6 March 2017 Announcement No. 14/2017
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 27 February to 3 March 2017:
Number of shares | Average purchase price (DKK) | Transaction value (DKK) | |
27 February 2017 | 47,000 | 176.76 | 8,307,720 |
28 February 2017 | 48,000 | 177.30 | 8,510,400 |
1 March 2017 | 50,000 | 177.59 | 8,879,500 |
2 March 2017 | 58,900 | 177.33 | 10,444,737 |
3 March 2017 | 65,000 | 177.29 | 11,523,850 |
Total accumulated in the period | 268,900 | 177.26 | 47,666,207 |
Total accumulated under the buy-back programme | 8,690,740 | 1,521,398,520 |
Following the transactions stated above, Topdanmark’s holding of own shares is 9,061,000 shares, corresponding to 9.54% 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