ANNOUNCEMENT
A.P. Møller - Mærsk A/S – Transactions in connection with share buy-back program
On 3 June 2019, A.P. Møller - Mærsk A/S (the Company) announced first phase of a share buy-back program in compliance with the EU Commission Regulation No. 596/2014 of the European Parliament and Council of 16 April 2014 (MAR) and the Commission Delegated Regulation (EU) 2016/1052 (the “Safe Harbour Regulation”). The share buy-back program of up to DKK 10bn is to be executed during a 15-month period beginning 4 June 2019.
During the first phase of the program running from 4 June 2019 up to 1 November 2019, the Company will buy-back A and B shares for an amount of up to DKK 3.3bn.
The following transactions have been made under the program in the period 23 September 2019 to 25 September 2019:
| |
Number of A shares |
Average purchase price A shares, DKK |
Transaction value, A shares, DKK |
| Accumulated, last announcement |
84,974 |
|
606,520,819 |
| 23 September 2019 |
1,050 |
7,248.8431 |
7,611,285 |
| 24 September 2019 |
998 |
7,264.8660 |
7,250,336 |
| 25 September 2019 |
1,050 |
7,071.1667 |
7,424,725 |
| |
|
|
|
| Accumulated under the program |
88,072 |
|
628,807,165 |
|
|
|
|
| |
Number of B shares |
Average purchase price B shares, DKK |
Transaction value, B shares, DKK |
| Accumulated last announcement |
339,954 |
|
2,575,802,925 |
| 23 September 2019 |
4,208 |
7,733.2182 |
32,541,382 |
| 24 September 2019 |
4,001 |
7,766.9041 |
31,075,383 |
| 25 September 2019 |
4,165 |
7,550.8913 |
31,449,462 |
| |
|
|
|
| Accumulated under the program |
352,328 |
|
2,670,869,153 |
With the transactions stated above, the Company owns a total of 88,072 A shares and 403,134 B shares as treasury shares, corresponding to 2.36% of the share capital.
First phase of the share buy-back program has now been completed.
Details of each transaction are included as appendix.
Copenhagen, 26 September 2019
Contact persons:
Head of Investor Relations, Stig Frederiksen, tel. +45 3363 3106
Head of Media Relations, Signe Wagner, tel. +45 3363 1901
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