Topdanmark A/S : — weekly report on share buy-backs
February 08, 2016 at 05:32 am EST
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February 8, 2016
8 February 2016
Announcement No. 08/2016
On 16 November 2015, Topdanmark announced a buy-back programme of up to DKK 564m in accordance with the European Commission's Regulation No. 2273/2003 of 22 December 2003, the 'Safe Harbour-regulation'. The share buy-back will be made in the period from 17 November 2015 to 10 February 2016.
This buy-back programme is part of an overall buy-back programme of a total of DKK 1.95bn, the balance of which was DKK 564m on 16 November 2015.
The following transactions have been made under the share buy-back programme in the period from 1 to 5 February 2016.
Number
of shares
Average purchase
price (DKK)
Transaction
value (DKK)
1 February 2016
55,000
171.75
9,446,250
2 February 2016
56,000
168.45
9,433,200
3 February 2016
60,000
166.75
10,005,000
4 February 2016
58,000
165,93
9,623,940
5 February 2016
60,000
165.75
9,945,000
Total accumulated in the period
289,000
170.09
48,453,390
Total accumulated under the buy-back programme
2,954,230
535,538,588
Following the transactions stated above, Topdanmark's holding of own shares is 10,815,000shares, corresponding to 10.30% of the share capital.
Please direct any queries to:
Steffen Heegaard, Group Communications and IR Director
Direct tel: +45 4474 4017, mobile: +45 4025 3524
Topdanmark A/S issued this content on 08 February 2016 and is solely responsible for the information contained herein. Distributed by Public, unedited and unaltered, on 08 February 2016 10:31:16 UTC
Original Document: http://inv.topdanmark.com/releasedetail.cfm?ReleaseID=953685
Topdanmark A/S is a Denmark-based insurance company engaged in the insurance and pension fund business. The Companyâs activities are divided into such segments, as Personal, and SME (Small and Medium Enterprises) and Industrial. The Personal segment sells policies for individual households in Denmark. The SME and Industrial segment offers policies for Denmark-based SME, agricultural and industrial businesses. The Companyâs private insurance offering includes such insurance products, as home, vehicle, accident, pet, child and life and health insurance, as well as pension funds. Its corporate insurance offering includes property insurance, insurance of goods and equipment, and car insurance, among others. As of December 31, 2012, it had subsidiaries responsible for life and non-life insurance, as well as for asset management, investment and property-related activities.
TOPDANMARK A/S 
