NORDEN Sells Shares in Connection with Buy-Back Program
Dampskibsselskabet NORDEN A/S is selling shares as part of its ongoing share buy-back program. The transactions are being conducted by A/S Motortramp, a party closely related to the company.
NORDEN Sells Shares in Connection with Buy-Back Program
Dampskibsselskabet NORDEN A/S has announced that shares are being sold in connection with the company's active share buy-back program. These sales are being managed by A/S Motortramp, identified as a closely related party to the company.
The announcement does not specify the exact number of shares sold or the precise timing of these transactions. However, it confirms that the sales are occurring on a pro rata basis, meaning in proportion to the holdings of A/S Motortramp. The company had previously issued announcements 108/2026 and 109/2026 concerning the share buy-back initiative.
This disclosure serves to update the market on the company's management of its share capital in conjunction with the buy-back strategy. The program aims to adjust the number of outstanding shares.
For further details, investors can contact Therese Möllevinge, Head of Investor Relations.