Conclusion of share buyback programme in NKT A/S
Company Announcement
28 February 2023
Announcement No. 4
Conclusion of share buyback programme in 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
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