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 October 15, 2026, the company has repurchased 380,900 shares for a total of DKK 143,658,289, bringing its total treasury shares to 2,806,145, representing 9.35% of the total share capital. During the reporting period of October 9 to October 15, 2026, NORDEN purchased 47,000 shares for DKK 17,361,510, with an average purchase price of DKK 397.15. Concurrently, major shareholder Motortramp A/S sold 14,001 shares.

Disclaimer*

Company Announcement no. 244/2026 (October 16, 2026)

On 14 August 2026, NORDEN initiated a share buy-back programme in accordance with Regulation No. 596/2014 of the European Parliament and Council of 16 April 2014 (MAR) and Commission Delegated Regulation (EU) 2016/1052, (Safe Harbour regulation). The share buy-back programme runs from 14 August 2026 up to and including no later than 22 October 2026. For details, please see announcement no. 190 of 13 August 2026.

Under the share buy-back programme, NORDEN will purchase shares for up to a total of USD 25 million (approximately DKK 162 million). The following transactions have been made under the programme:

DateNumber of sharesAverage purchase price (DKK)Transaction value (DKK)
Total, last announcement333,900374.91125,181,179
09/10/20269,000397.473,577,230
12/10/20269,000402.013,618,090
13/10/20269,000397.513,577,590
14/10/202610,000391.563,915,600
15/10/202610,000378.863,788,600
Accumulated380,900377.15143,658,289

Since the share buy-back programme was initiated on 14 August 2026, the total number of repurchased shares is 380,900 at a total amount of DKK 143,658,289.

With the transactions stated above, NORDEN holds a total of 2,806,145 treasury shares, corresponding to 9.35 %. The total number of shares in NORDEN is 30,000,000. Adjusted for treasury shares, the number of shares is 27,193,855.

During the same period (09/10-26 – 15/10-26), major shareholder, Motortramp A/S, has sold 14,001 shares. Please see announcement no. 191/2026 and daily reporting.

Kind regards,
Dampskibsselskabet NORDEN A/S

Klaus Nyborg
Chairman

For further information:

Therese Möllevinge, Head of Investor Relations, tel.: +45 41 37 16 38, e-mail: thm@norden.com

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