Company Announcement No. 560
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 |
Accumulated for trading days 1-7 | 321,379 | 174.50 | 56,080,682 |
8: 20 August 2014 | 50,000 | 176.86 | 8,843,080 |
9: 21 August 2014 | 28,417 | 177.18 | 5,034,898 |
10: 22 August 2014 | 42,287 | 176.42 | 7,460,099 |
11: 25 August 2014 | 44,542 | 176.91 | 7,879,747 |
12: 26 August 2014 | 60,000 | 176.67 | 10,599,882 |
13: 27 August 2014 | 38,029 | 176.82 | 6,724,413 |
14: 28 August 2014 | 80,000 | 174.35 | 13,948,344 |
Accumulated for trading days 1-14 | 664,654 | 175.39 | 116,571,146 |
As at today, DSV A/S holds a total of 4,767,815 shares of a nominal value of DKK 1 in DSV A/S, corresponding to 2.69% 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