Conclusion of share buyback programme in NKT A/S
In This Article:
Company Announcement
13 November 2023
Announcement No. 32
Conclusion of share buyback programme in NKT A/S
On 8 November 2023, NKT A/S initiated a share buyback programme to meet obligations relating to the Company’s share-based incentive programmes for employees, as informed in Company Announcement no. 31 of 8 November 2023.
This share buyback programme has now been concluded.
The share buyback programme was done 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, also referred to as the Safe Harbour rules.
In the period from 8 November 2023 to 10 November 2023, NKT A/S has bought back 50,000 shares for a total amount of DKK 18.4m (EUR 2.5m).
| Trading day | Number of shares bought back | Average transaction price | Amount in DKK |
| 8 November 2023 | 16,600 | 358.44 | 5,950,104 |
| 9 November 2023 | 16,700 | 372.15 | 6,214,905 |
| 10 November 2023 | 16,700 | 375.84 | 6,276,528 |
| Total | 50,000 | 368.83 | 18,441,537 |
Contact
Investor Relations: Michael Nass Nielsen, Head of Investor Relations, tel: +45 2494 1654
Media Relations: Louise W. Naldal, Head of Group Communications, tel: +45 2982 0022
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