14 November 2023

Announcement no. 18/2023

Topdanmark A/S: Weekly reporting on share buyback programme - Transactions during 7 November 202313 November 2023

On 24 October 2023, Topdanmark announced a share buyback programme of a market value of up to DKK 50m (company announcement no 13/2023).  The share buyback programme is carried out in accordance with Regulation No 596/2014 of the European Parliament and Council of 16 April 2014 (MAR).

The share buyback programme was approved by the Danish FSA on 12 October, and it is planned to be carried out in the period 24 October 2023 to 21 November 2023.

Of the share buyback programme of a total of DKK 50m, the transactions carried out in the period 24 October 2023 to 13 November 2023 amounts to DKK 36,249,612.

The following transactions have been carried out under the share buyback programme in the period 7 November 2023 to 13 November 2023:

 

Number of shares

Average purchase price (DKK)

Transaction value (DKK)

7 November 2023

 8,000

 320.58

 1,923,480

8 November 2023

 6,000

 321.33

 1,927,980

9  November 2023

 6,000

 320.16

 2,241,120

10 November 2023

 6,000

 322.22

 2,255,540

13 November 2023

 6,000

 324.15

 1,944,900

Accumulated in the period

32,000

 

10,293,020

Accumulated under the programme

114,400

 

36,249,612

With the transactions stated above, Topdanmark holds a total of 1,206,915 own shares, corresponding to 1.34% of the share capital.

The transaction data related to share buyback in detailed and summarised form is enclosed in accordance with the Commission Delegated Regulation (EU) 2016/1052 of 8 March 2016 (the Safe Harbour Regulations).

Please direct any queries to:  

Lars Kufall Beck, CFO  

Direct tel: +45 44 74 30 28  

  

Robin Løfgren, Head of IR  

Direct tel.: +45 4474 4017, mobile tel.: +45 2962 1691  

Topdanmark A/S  
CVR no. 78040017  
Borupvang 4  
DK-2750 Ballerup  

Denmark  

Contacts

  • Robin Hjelgaard Løfgren, Head of Investor Relations, +4544744017, +4529621691, rho@topdanmark.dk

About Topdanmark A/S

Topdanmark is one of the largest insurance companies in Denmark.

We are 2,100 employees, and we help more than 110,000 commercial and agricultural customers and 600,000 private customers all over the country. We have been helping customers since 1898 when Topdanmark was founded.

Attachments

  • 18-2023 Appendix to 18-2023_specifications to the transactions of the share buyback programme.pdf

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