NORDEN sells shares in connection with share buy-back program
Dampskibsselskabet NORDEN A/S announced on July 21, 2026, that the company's entity A/S Motortramp is continuously selling shares as part of the company's share buy-back program.
Dampskibsselskabet NORDEN A/S announced on July 21, 2026, that its entity A/S Motortramp is continuously selling shares pro rata in connection with the company's ongoing share buy-back program. This disclosure aligns with previous announcements numbered 108 and 109 from 2026, ensuring market transparency.
The sales are part of NORDEN's strategy to manage its share capital and potentially enhance earnings per share through its buy-back initiative. While specific volumes of shares being sold have not been detailed, the continuous nature of the transactions suggests a structured approach.
These transactions are directly linked to NORDEN's previously announced share buy-back program. The company has not provided further details regarding the program's scope or duration, and investors are advised to monitor future announcements for updates.
The announcement was confirmed by CFO Martin Badsted. For further information, investors and media can contact Therese Möllevinge, Head of Investor Relations, at +45 41 37 16 38. NORDEN is a dry bulk shipping company.