VESTAS WIND SYSTEMS A/S 07:36 - 15 Nov 2016
On 18 August 2016, Vestas initiated a share buy-back programme, ref. Company announcement No. 26/2016. The programme is implemented in accordance with Article 5 of Regulation No 596/2014 of the European Parliament and Council of 16 April 2014 (MAR) (the 'Safe Harbour' rules). The purpose of the programme is to adjust Vestas' capital structure and to meet the obligations arising from share based incentive programmes to employees of Vestas.
Under the programme Vestas will buy back shares for an amount up to DKK 2,984 million (approximately EUR 400 million) in the period from 18 August 2016 to 30 December 2016.
The following transactions have been made under the programme during the period 8-14 November 2016:
Number of |
Average purchase |
Transaction | ||
8 November 2016 | 84,000 | 495.82 | 41,648,972 | |
| 9 November 2016 | 105,000 | 431.48 | 45,305,463 | |
| 10 November 2016 | 107,850 | 431.75 | 46,564,302 | |
11 November 2016 | 58,000 | 427.92 | 24,819,522 | |
14 November 2016 | 107,000 | 435.07 | 46,551,998 | |
Accumulated under the programme | 3,651,184 | 530.83 | 1,938,171,490 |
Details of all the transactions relating to the share buy-back programme during the period are presented in the attached appendix.
Contact details
Vestas Wind Systems A/S, Denmark
Hans Martin Smith, Senior Vice President, Group Treasury and Investor Relations
Tel: +45 9730 8209
Download the appendix (pdf)
Download the company announcement (pdf)
Vestas Wind Systems A/S published this content on 15 November 2016 and is solely responsible for the information contained herein.
Distributed by Public, unedited and unaltered, on 15 November 2016 06:53:06 UTC.
Original documenthttp://www.vestas.com/en/publications/2016/november/161115_ca_uk_41
Public permalinkhttp://www.publicnow.com/view/7AC6962C86F77FAF2C8A7F83BF5BAA5528CB6B91
