Dampskibsselskabet NORDEN A/S – weekly report on share buy-back

Summary by AI BETAClose X

NORDEN has provided an update on its share buy-back program, which commenced on August 14, 2026, and is authorized up to USD 25 million. As of September 24, 2026, the company has repurchased 240,000 shares for DKK 88,806,240, bringing its total treasury shares to 2,665,936, representing 8.89% of the total shares outstanding. During the reporting period of September 18 to September 24, 2026, 48,000 shares were bought back at an average price of DKK 389.76, totaling DKK 18,711,760. Separately, major shareholder Motortramp A/S sold 11,915 shares within the same timeframe.

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