Topdanmark - weekly report on share buy-back 13
Post# of 301275
13 March 2017 Announcement No. 15/2017
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 6 March to 10 March 2017:
| Number of shares | Average purchase price (DKK) | Transaction value (DKK) | |
| 6 March 2017 | 70,000 | 177.18 | 12,402,600 |
| 7 March 2017 | 70,000 | 176.87 | 12,380,900 |
| 8 March 2017 | 55,000 | 177.48 | 9,761,400 |
| 9 March 2017 | 45,000 | 178.27 | 8,022,150 |
| 10 March 2017 | 50,000 | 179.67 | 8,983,500 |
| Total accumulated in the period | 290,000 | 177.76 | 51,550,550 |
| Total accumulated under the buy-back programme | 8,980,740 | 1,572,949,070 |
Following the transactions stated above, Topdanmark’s holding of own shares is 9,351,000 shares, corresponding to 9.84% 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: Lars Thykier, CFO Tel: +45 44 74 37 14
Topdanmark A/S Reg.No. 78040017 Borupvang 4 2750 Ballerup
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