Company Announcement No. 395
On 29 April 2011, DSV initiated the published share buy-back programme, cf. company announcement no. 388 of 29 April 2011. According to the programme DSV will in the period to 21 July 2011 purchase own shares up to a maximum value of DKK 700,000,000 and no more than 7,000,000 shares, corresponding to 3.43% of the present share capital of DSV A/S. The program is implemented in accordance with the “Safe Harbour” provisions of EU regulation no. 2273/2003 of 22 December 2003. DSV will therefore publish the accumulated buy-backs under the programme every 7th trading day.
Trading day |
Number of shares bought back | Average transaction price |
Amount DKK |
| Accumulated for trading day 1-21 | 1,767,150 | 129.06 | 228,067,919 |
| 22: 31 May 2011 | 148,000 | 129.81 | 19,211,880 |
| 23: 1 June 2011 | 100,406 | 129.81 | 13,034,064 |
| 24: 6 June 2011 | 132,726 | 129.91 | 17,242,302 |
| 25: 7 June 2011 | 119,079 | 129.60 | 15,432,269 |
| 26: 8 June 2011 | 140,005 | 127.54 | 17,855,818 |
| 27: 9 June 2011 | 107,061 | 124.64 | 13,344,276 |
| 28: 10 June 2011 | 145,714 | 125.17 | 18,239,021 |
| Accumulated for trading 1-28 | 2,660,141 | 128.73 | 342,427,549 |
DSV’s accumulated share buy-backs in the period from 29 April 2011 to 10 June 2011 thus total 2,660,141 numbers of shares at a total purchase sum of 342.4 DKK million.
As of today, DSV A/S now holds a total of 5,847,530 shares of a nominal DKK 1 in DSV A/S corresponding to 2.87% of the total number of issued shares of 204,000,000.
The last announcement dated 30 May 2011 stated that DSV A/S held 2.44% of the company’s share capital.
Any questions may be addressed to Jens H. Lund, CFO, tel. +45 43 20 30 40.
Yours sincerely,
DSV
Jens Bjørn Andersen Jens H. Lund
CEO CFO