Novozymes A/S : Share buyback program no. 17, 2012
05/16/2012| 04:39am US/Eastern
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On January 20, 2012, Novozymes initiated a share buyback
program in accordance with the provisions of European
Commission Regulation no. 2273/2003 of December 22, 2003,
also referred to as the Safe Harbour Regulation.
16. May 2012
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Under the program Novozymes will buy back B
shares for an amount of up to DKK 1,000 million in the
period from January 20, 2012, to December 31,
2012.
The following transactions have been made under
the program:
Number of shares
Average
purchase price
Transaction
value,DKK
Accumulated, last announcement
2,228,361
356,019,429
May 11, 2012
27,355
150.45
4,115,494
May 14, 2012
20,670
149.55
3,091,144
May 15, 2012
36,500
150.58
5,496,084
Accumulated
under the program
2,312,886
368,722,151
Transactions related to Novozymes' incentive
programs have resulted in a net sale by Novozymes of
4,895 B shares in the period from May 11, to May 15,
2012. The shares related to these transactions were
not part of the Safe Harbour share buyback
program.
With the transactions stated above, Novozymes
owns a total of 10,302,380 treasury shares,
corresponding to 3.2% of the share capital. The total
amount of shares in the company is 325,000,000
including treasury shares.