On 11 November 2019, DSV Panalpina A/S initiated a share buyback programme. According to the programme, the company will in the period from 11 November 2019 to 6 February 2020 purchase own shares up to a maximum value of DKK 2,500,000,000 and no more than 6,000,000 shares, corresponding to 2.55% of the share capital at commencement of the programme.
The programme has been implemented in accordance with Regulation No. 596/2014 of the European Parliament and Council of 16 April 2014 (MAR) and the Commission Delegated Regulation (EU) 2016/1052, also referred to as the Safe Harbour rules.
|Trading day||Number of shares bought back||Average transaction price||Amount DKK|
|Accumulated trading for days 1-5||303,934||742.65||225,716,481|
|6:||18 November 2019||80,160||731.99||58,676,399|
|7:||19 November 2019||74,500||737.09||54,913,116|
|8:||20 November 2019||45,384||739.63||33,567,459|
|9:||21 November 2019||110,240||732.61||80,762,673|
|10:||22 November 2019||60,070||734.79||44,138,691|
|Accumulated trading for days 1-10||674,288||738.22||497,774,818|
As at today, DSV Panalpina A/S holds a total of 5,029,855 shares of a nominal value of DKK 1 in DSV Panalpina A/S, corresponding to 2.14% of the total number of issued shares of 235,000,000.