Company Announcement No. 554
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 1-42 | 1,745,315 | 178.31 | 311,214,118 |
43: 10 July 2014 | 90,000 | 173.83 | 15,644,700 |
44: 11 July 2014 | 52,000 | 174.68 | 9,083,360 |
45: 14 July 2014 | 21,000 | 178.00 | 3,738,000 |
46: 15 July 2014 | 37,000 | 177.95 | 6,584,150 |
47: 16 July 2014 | 20,000 | 180.87 | 3,617,400 |
48: 17 July 2014 | 34,360 | 180.68 | 6,208,165 |
49: 18 July 2014 | 40,640 | 177.94 | 7,231,482 |
Accumulated for trading days 1-49 | 2,040,315 | 178.07 | 363,321,374 |
As at today, DSV A/S holds a total of 3,981,461 shares of a nominal value of DKK 1 in DSV A/S, corresponding to 2,25% 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