On 24 October 2023, we initiated a share buyback programme, as described in Company Announcement No. 1066. According to the programme, the company will in the period from 24 October 2023 until 31 January 2024 purchase own shares up to a maximum value of DKK 2,500 million, and no more than 4,000,000 shares, corresponding to 1.83% 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.
The following transactions have been recorded under the programme:
Trading day
Trading platform
Number of shares bought back
Average transaction price
Amount DKK
Accumulated trading for days 1-56
1,816,913
1,082.06
1,966,011,544
57:
15 January 2024
AQEU
2,904
1,259.40
CEUX
15,043
1,259.61
TQEX
3,149
1,258.82
XCSE
26,772
1,259.32
Total
47,868
1,259.38
60,284,236
58:
16 January 2024
AQEU
1,583
1,258.46
CEUX
11,147
1,258.06
TQEX
1,971
1,257.06
XCSE
17,505
1,257.82
Total
32,206
1,257.89
40,511,480
59:
17 January 2024
AQEU
5,146
1,250.66
CEUX
20,852
1,251.80
TQEX
3,649
1,250.40
XCSE
44,297
1,249.67
Total
73,944
1,250.38
92,457,951
60:
18 January 2024
AQEU
1,748
1,263.23
CEUX
7,098
1,262.59
TQEX
1,341
1,263.34
XCSE
15,280
1,262.29
Total
25,467
1,262.49
32,151,935
61:
19 January 2024
AQEU
4,840
1,240.06
CEUX
19,959
1,239.44
TQEX
3,512
1,241.38
XCSE
51,689
1,238.61
Total
80,000
1,239.03
99,122,264
Accumulated trading for days 1-61
2,076,398
1,103.13
2,290,539,410
After the disclosed transactions, DSV A/S holds a total of 10,177,798 shares of a nominal value of DKK 1 in DSV A/S, corresponding to 4.65% 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%).