NKT A/S concludes share buyback programme
Company Announcement
2 March 2022
Announcement No. 5
NKT A/S concludes share buyback programme
On 23 February 2022, 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 23 February 2022.
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 23 February 2022 to 28 February 2022, NKT A/S has bought back 75,000 shares for a total amount of DKK 18.9m (EUR 2.5m).
| Trading day | Number of shares bought back | Average transaction price | Amount in DKK |
| 23 February 2022 | 21,000 | 253.94 | 5,332,795 |
| 24 February 2022 | 28,000 | 237.27 | 6,643,482 |
| 25 February 2022 | 17,528 | 262.57 | 4,602,246 |
| 28 February 2022 | 8,472 | 271.20 | 2,297,637 |
| Total | 75,000 | 251.68 | 18,876,159 |
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