Company Announcement No. 559
On 11 August 2014, DSV A/S initiated the previously announced share buy-back programme, cf. company announcement No. 557 of 30 July 2014. According to the programme DSV A/S will in the period from 11 August to 27 October 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 buy-back programme every 7th trading day.
Trading day |
Number of shares bought back | Average transaction price | Amount DKK |
1: 11 August 2014 | 45,000 | 171.85 | 7,733,021 |
2: 12 August 2014 | 52,000 | 172.64 | 8,977,441 |
3: 13 August 2014 | 45,000 | 174.06 | 7,832,556 |
4: 14 August 2014 | 35,574 | 173.51 | 6,172,491 |
5: 15 August 2014 | 59,989 | 175.38 | 10,520,691 |
6: 18 August 2014 | 23,816 | 176.22 | 4,196,763 |
7: 19 August 2014 | 60,000 | 177.46 | 10,647,720 |
Accumulated for trading days 1-7 | 321,379 | 174.50 | 56,080,682 |
As at today, DSV A/S holds a total of 4,458,540 shares of a nominal value of DKK 1 in DSV A/S, corresponding to 2.52% 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