A P Møller Mærsk A/S : Transactions in connection with share buy-back program
February 24, 2020 at 03:51 am EST
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ANNOUNCEMENT
A.P. Møller - Mærsk A/S – Transactions in connection with share buy-back program
On 24 May 2019, A.P. Møller - Mærsk A/S (the Company) announced a share buy-back program in compliance with the EU Commission Regulation No. 596/2014 of the European Parliament and Council of 16 April 2014 (MAR) and the Commission Delegated Regulation (EU) 2016/1052 (the “Safe Harbour Regulation”). The share buy-back program of up to DKK 10bn was to be executed during a 15-month period beginning 4 June 2019. The first phase of the program was initiated on 4 June 2019 and completed on 25 September 2019.
During the second phase of the program running from 26 September 2019 up to 28 February 2020, the Company will buy-back A and B shares for an amount of up to DKK 3.3bn.
The following transactions have been made under the program in the period 17 February 2020 to 21 February 2020:
Number of A shares
Average purchase price A shares, DKK
Transaction value, A shares, DKK
Accumulated, last announcement
156,977
1,195,485,318
17 February 2020
742
7,994.5417
5,931,950
18 February 2020
742
7,859.4444
5,831,708
19 February 2020
721
8,006.6571
5,772,800
20 February 2020
742
7,925.1528
5,880,463
21 February 2020
783
7,630.5395
5,974,712
Accumulated in second phase of the program
72,635
596,069,786
Accumulated under the program
160,707
1,224,876,952
Number of B shares
Average purchase price B shares, DKK
Transaction value, B shares, DKK
Accumulated last announcement
627,938
5,083,208,978
17 February 2020
2,870
8,519.0480
24,449,668
18 February 2020
2,952
8,391.7444
24,772,429
19 February 2020
2,985
8,556.0033
25,539,670
20 February 2020
2,985
8,489.9791
25,342,588
21 February 2020
3,124
8,143.5586
25,440,477
Accumulated in second phase of the program
290,526
2,537,884,656
Accumulated under the program
642,854
5,208,753,810
With the transactions stated above, the Company owns a total of 160,707 A shares and 693,660 B shares as treasury shares, corresponding to 4.10% of the share capital.
Details of each transaction are included as appendix.
Copenhagen, 24 February 2020
Contact persons:
Head of Investor Relations, Stig Frederiksen, tel. +45 3363 3106
Head of Media Relations, Signe Wagner, tel. +45 3363 1901
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Attachments
Announcement - Transactions in connection with share buy-back program - week 8
Daily transactions in connection with share buy-back program - week 8
A.P. Møller - Mærsk A/S is the world's leading maritime transport company. The group's activity is organized around two sectors:
- maritime freight transport : at the end of 2023, operated a fleet of over 707 vessels (container vessels, tugs, supply vessels, gas carriers, and other specialized transporters). The group also offers port and logistical services;
- other: primarily activities related to shipyard construction, factory management (plastic and rubber products), and business holdings.
Net sales are distributed geographically as follows: Denmark (1.7%), United States (22.4%), China and Hong Kong (5.5%), Germany (3.3%), the United Kingdom (3.6%), Netherlands (3 .1%), Brazil (2.8%), Mexico (2.7%), India (2.7%), Spain (2.6%), Australia (2.5%), Singapore (1.9%) %), Costa Rica (0.7%) and others (44.5%).