A P Møller Mærsk A/S : Transactions in connection with share buy-back program
November 18, 2019 at 03:48 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 11 November 2019 to 15 November 2019:
Number of A shares
Average purchase price A shares, DKK
Transaction value, A shares, DKK
Accumulated, last announcement
113,114
819,887,370
11 November 2019
659
8,476.0625
5,585,725
12 November 2019
690
8,535.0000
5,889,150
13 November 2019
669
8,485.2308
5,676,619
14 November 2019
700
8,452.2500
5,916,575
15 November 2019
700
8,739.5735
6,117,701
Accumulated in second phase of the program
28,460
220,265,975
Accumulated under the program
116,532
849,073,141
Number of B shares
Average purchase price B shares, DKK
Transaction value, B shares, DKK
Accumulated last announcement
452,497
3,483,882,133
11 November 2019
2,788
9,053.5365
25,241,260
12 November 2019
2,624
9,108.8900
23,901,727
13 November 2019
2,624
9,045.8150
23,736,219
14 November 2019
2,788
8,998.4353
25,087,638
15 November 2019
2,845
9,307.3245
26,479,338
Accumulated in second phase of the program
113,838
937,459,161
Accumulated under the program
466,166
3,608,328,314
With the transactions stated above, the Company owns a total of 116,532 A shares and 516,972 B shares as treasury shares, corresponding to 3.04% of the share capital.
Details of each transaction are included as appendix.
Copenhagen, 18 November 2019
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 46
Daily transactions in connection with share buy-back program - week 46
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%).