Company Announcement no. 264/2026 (November 13, 2026)
On 30 October 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 30 October 2026 up to and including no later than 4 February 2027. For details, please see announcement no. 252 of 30 October 2026.
Under the share buy-back programme, NORDEN will purchase shares for up to a total of USD 15 million (approximately DKK 100 million). The following transactions have been made under the programme:
| Date | Number of shares | Average purchase price (DKK) | Transaction value (DKK) |
| Total, last announcement | 29,500 | 374.76 | 11,055,300 |
| 06/11/2026 | 8,000 | 359.30 | 2,874,400 |
| 09/11/2026 | 8,000 | 360.46 | 2,883,680 |
| 10/11/2026 | 8,000 | 350.98 | 2,807,840 |
| 11/11/2026 | 8,000 | 357.74 | 2,861,920 |
| 12/11/2026 | 7,000 | 360.61 | 2,524,270 |
| Accumulated | 68,500 | 365.07 | 25,007,410 |
Since the share buy-back programme was initiated on 30 October 2026, the total number of repurchased shares is 68,500 at a total amount of DKK 25,007,410.
With the transactions stated above, NORDEN holds a total of 2,923,945 treasury shares, corresponding to 9.75 %. The total number of shares in NORDEN is 30,000,000. Adjusted for treasury shares, the number of shares is 27,076,055.
During the same period (06/11-26 – 12/11-26), major shareholder, Motortramp A/S, has sold 11,451 shares. Please see announcement no. 253/2026 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
Lasse Lilholt Raahauge, Head of Communications, tel.: +45 53 58 60 15, e-mail: lir@norden.com