18 January 2016
Announcement no. 3/2016In the period 11 January 2016 to 15 January 2016, Alm. Brand bought own shares for a total amount of DKK
7.0 million as part of the share buyback programme of up to DKK 300 million announced on 1 December 2015. In aggregate, shares of DKK 42.9 million have been bought back, equivalent to 14.3% 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) |
11 January 2016 | 28,571 | 46.31 | 1,323,123 |
12 January 2016 | 30,952 | 46.40 | 1,436,173 |
13 January 2016 | 28,571 | 46.83 | 1,337,980 |
14 January 2016 | 30,952 | 45.87 | 1,419,768 |
15 January 2016 | 33,333 | 44.72 | 1,490,652 |
Accumulated during the period | 152,379 | 45.99 | 7,007,696 |
Accumulated under the share buyback programme | 916,655 | 46.75 | 42,853,381 |
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 5,485,147 own shares, equivalent to 3.2% of the share capital.
Please direct any questions regarding this announcement to: Martin Egenhardt, IR Manager, on tel. +45 35 47 79 22.
Alm. Brand A/S issued this content on 2016-01-18 and is solely responsible for the information contained herein. Distributed by Public, unedited and unaltered, on 2016-01-18 10:55:02 UTC
Original Document: http://www.almbrand.dk/idc/groups/abdk_web/documents/web_content/as03_2016reportonsharebuybacks.pdf