Company Announcement No. 498
On 30 April 2013, DSV A/S initiated the previously announced share buy-back programme, cf. company announcement No. 494 of 30 April 2013. According to the programme DSV A/S will in the period from 30 April to 2 July 2013 purchase own shares up to a maximum value of DKK 400,000,000 and no more than 4,000,000 shares, corresponding to 2.22% of the current share capital of DSV A/S. The programme has been implemented in accordance with the 'Safe Harbour' provisions of EU Regulation No. 2273/2003 of 22 December 2003. DSV will therefore publish the accumulated purchases under the share buy-back programme every 7th trading day.
Trading day |
Number of shares bought back | Average transaction price |
Amount DKK |
Accumulated for trading days 1-14 | 858,621 | 139.07 | 119,403,721 |
15: 23 May 2013 | 130,525 | 138.88 | 18,127,795 |
16: 24 May 2013 | 124,115 | 138.52 | 17,192,273 |
17: 27 May 2013 | 62,500 | 138.69 | 8,668,269 |
18: 28 May 2013 | 27,673 | 140.61 | 3,891,045 |
19: 29 May 2013 | 135,627 | 138.47 | 18,780,271 |
20: 30 May 2013 | 67,981 | 138.75 | 9,432,357 |
21: 31 May 2013 | 50,669 | 138.22 | 7,003,373 |
Accumulated for trading days 1-21 | 1,457,711 | 138.92 | 202,499,104 |
DSV A/S' accumulated share buy-backs in the period from 30 April 2013 to 31 May 2013 thus total 1,457,711 shares at a total purchase sum of DKK 202.5 million.
As at today, DSV A/S holds a total of 2,257,822 shares of a nominal value of DKK 1 in DSV A/S, corresponding to 1.25% of the total number of issued shares of 180,000,000.
The latest announcement dated 22 May 2013 stated that DSV A/S held 0.95% of the Company's share capital.
Any questions may be addressed to Flemming Ole Nielsen, Investor Relations Director, tel. +45 43 20 30 40.
Yours sincerely,
DSV A/S