Company Announcement No. 550
On 6 May 2014, DSV A/S initiated the previously announced share buyback programme, cf. company announcement No. 542 of 30 April 2014. According to the programme DSV A/S will in the period from 6 May to 29 July 2014 purchase own shares up to a maximum value of DKK 400,000,000 and no more than 4,000,000 shares, corresponding to 2.26% 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 buyback programme every 7th trading day.
Trading day |
Number of shares bought back | Average transaction price | Amount DKK |
Accumulated for trading days 1-28 | 1,119,341 | 178.79 | 200,122,594 |
29: 20 June 2014 | 50,000 | 178.18 | 8,909,000 |
30: 23 June 2014 | 50,000 | 178.62 | 8,931,000 |
31: 24 June 2014 | 55,000 | 177.09 | 9,739,950 |
32: 25 June 2014 | 55,000 | 175.81 | 9,669,550 |
33: 26 June 2014 | 76,443 | 174.71 | 13,355,357 |
34: 27 June 2014 | 42,618 | 176.49 | 7,521,651 |
35: 30 June 2014 | 40,000 | 177.98 | 7,119,200 |
Accumulated for trading days 1-35 | 1,488,402 | 178.29 | 265,368,302 |
As at today, DSV A/S holds a total of 3,452,548 shares of a nominal value of DKK 1 in DSV A/S, corresponding to 1.95% of the total number of issued shares of 177,000,000.
Any questions may be addressed to Flemming Ole Nielsen, Director, Investor Relations, on tel. +45 43 20 33 92.
Yours sincerely,
DSV A/S