AP Moeller Maersk A/S : Transactions in connection with share buy-back program
February 29, 2016 at 03:33 am
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ANNOUNCEMENT
A.P. Møller - Mærsk A/S - Transactions in connection with share buy-back program
On 31 August 2015 A.P. Møller - Mærsk A/S (the Company) announced first phase of a share buy-back program in compliance with the EU Commission Regulation no. 2273/2003 of 22 December 2003 (the Safe Harbour regulation). The share buy-back program of up to DKK 6.7bn is to be executed during a 12-month period beginning 1 September 2015.
During the second phase of the program running from 1 December 2015 to 31 March 2016, the Company will buy-back A and B shares for an amount of up to DKK 4,400 mill.
The following transactions have been made under the program in the period 22 February 2016 to 26 February2016:
Number of
A shares
Average purchase
price A shares, DKK
Transaction value,
A shares, DKK
Accumulated, last announcement
123,450
1,125,032,917
22 February 2016
828
8,218.56
6,804,968
23 February 2016
1,708
8,230.70
14,058,036
24 February 2016
1,761
7,945.09
13,991,303
25 February 2016
1,195
8,140.80
9,728,256
26 February 2016
594
8,505.49
5,052,261
Accumulated in second phase of the program
84,893
719,704,266
Accumulated under the program
129,536
1,174,667,741
Number of
B shares
Average purchase
price B shares, DKK
Transaction value,
B shares, DKK
Accumulated last announcement
491,811
4,569,633,052
22 February 2016
3,449
8,390.80
28,939,869
23 February 2016
6,591
8,433.80
55,587,176
24 February 2016
7,059
8,157.41
57,583,157
25 February 2016
4,785
8,344.30
39,927,476
26 February 2016
2,389
8,642.09
20,645,953
Accumulated in second phase of the program
339,603
2,927,655,778
Accumulated under the program
516,084
4,772,316,683
With the transactions stated above, the Company owns a total of 129,536A shares and 601,336 B shares as treasury shares, corresponding to 3.39% of the share capital.
Copenhagen, 29 February 2016
Contact persons:
Senior Investor Relations Officer, Johan Mortensen, tel. +45 3363 3622
Head of Media Relations, Louise Münter, tel. +45 3363 1912
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A.P. Møller-Mærsk A/S issued this content on 29 February 2016 and is solely responsible for the information contained herein. Distributed by Public, unedited and unaltered, on 29 February 2016 08:32:18 UTC
Original Document: http://investor.maersk.com/releasedetail.cfm?ReleaseID=957620
A.P. Møller - Mærsk A/S is the world's leading maritime transport company. The group's activity is organized around two sectors:
- maritime freight transport : at the end of 2023, operated a fleet of over 707 vessels (container vessels, tugs, supply vessels, gas carriers, and other specialized transporters). The group also offers port and logistical services;
- other: primarily activities related to shipyard construction, factory management (plastic and rubber products), and business holdings.
Net sales are distributed geographically as follows: Denmark (1.7%), United States (22.4%), China and Hong Kong (5.5%), Germany (3.3%), the United Kingdom (3.6%), Netherlands (3 .1%), Brazil (2.8%), Mexico (2.7%), India (2.7%), Spain (2.6%), Australia (2.5%), Singapore (1.9%) %), Costa Rica (0.7%) and others (44.5%).