Conclusion of share buyback programme in NKT A/S

Company Announcement 28 February 2023 Announcement No. 4 Conclusion of share buyback programmein NKT A/S On 22 February 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. 3 of 22 February 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...
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28 February 2023
Announcement No. 4

Conclusion of share buyback programmein NKT A/S

On 22 February 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. 3 of 22 February 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 22 February 2023 to 27 February 2023, NKT A/S has bought back 100,000 shares for a total amount of DKK 34.8m (EUR 4.7m).

Trading day Number of shares bought back Average transaction price Amount in DKK
22 February 2023 15,000 370.81 5,562,203
23 February 2023 27,500 354.49 9,748,475
24 February 2023 30,000 341.56 10,246,800
27 February 2023 27,500 336.00 9,240,000
Total 100,000 347.97 34,797,478


Contact

Investor Relations:         Michael Nass Nielsen, Head of Investor Relations, tel: +45 2494 1654

Press:                           Louise W. Naldal, Head of Group Communications, tel: +45 2982 0022

Attachment

  • Conclusion_of_share_buyback_programme

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