On 15 November 2022, we initiated a share buyback programme, as described in Company Announcement No. 997. According to the programme, the company will in the period from 15 November 2022 until 01 February 2023 purchase own shares up to a maximum value of DKK 4,000 million, and no more than 6,000,000 shares, corresponding to 2.56% of the share capital at commencement of the programme. The programme has been implemented in accordance with Regulation No. 596/2014 of the European Parliament and Council of 16 April 2014 (“MAR”) (save for the rules on share buyback programmes set out in MAR article 5) and the Commission Delegated Regulation (EU) 2016/1052, also referred to as the Safe Harbour rules.
Trading day
Number of shares bought back
Average transaction price
Amount DKK
Accumulated trading for days 1-33
2,551,280
1,098.40
2,802,337,006
34:
2 January 2023
78,040
1,123.32
87,664,189
35:
3 January 2023
77,357
1,113.86
86,165,000
36:
4 January 2023
36,357
1,119.14
40,688,500
37:
5 January 2023
78,069
1,095.41
85,517,579
38:
6 January 2023
46,819
1,056.79
49,477,940
Accumulated trading for days 1-38
2,867,922
1,099.00
3,151,850,214
After the disclosed transactions, DSV A/S holds a total of 2,431,655 shares of a nominal value of DKK 1 in DSV A/S, corresponding to 1.11% of the total number of issued shares of 219,000,000.
The details of each transaction made under the share buyback programme are published on investor.dsv.com.
Any questions may be addressed to Executive Vice President, Investor Relations, Flemming Ole Nielsen, tel. +45 43 20 33 92.
DSV A/S specializes in transportation services. Net sales break down by activity as follows:
- organization and management of air and sea transportation (61.3%);
- road transportation (23.6%);
- logistics services (14.9%): storage, packaging, loading dock transfer (reshipment of merchandise without storage), and distribution services intended primarily for industrial customers;
- other (0.2%).
Net sales are distributed geographically as follows: Denmark (7.6%), the United States (17.5%), Germany (8.1%), China (4.5%), the United Kingdom (3.9%), and other (58.4%).