ANNOUNCEMENT
A.P. Møller - Mærsk A/S – Transactions in connection with share buy-back program
On 24 May 2019, A.P. Møller - Mærsk A/S (the Company) announced 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 was to be executed during a 15-month period beginning 4 June 2019. The first phase of the program was initiated on 4 June 2019 and completed on 25 September 2019.
During the second phase of the program running from 26 September 2019 up to 28 February 2020, 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 26 September 2019 to 27 September 2019:
| |
Number of
A shares |
Average purchase
price A shares, DKK |
Transaction value,
A shares, DKK |
| Accumulated, last announcement |
88,072 |
|
628,807,165 |
| 26 September 2019 |
933 |
7,173.2561 |
6,692,648 |
| 27 September 2019 |
823 |
7,243.8875 |
5,961,719 |
| Accumulated in second phase of the program |
1,756 |
|
12,654,367 |
| Accumulated under the program |
89,828 |
|
641,461,533 |
| |
|
|
|
| |
Number of
B shares |
Average purchase
price B shares, DKK |
Transaction value,
B shares, DKK |
| Accumulated last announcement |
352,328 |
|
2,670,869,153 |
| 26 September 2019 |
3,772 |
7,649.1534 |
28,852,607 |
| 27 September 2019 |
3,250 |
7,723.1473 |
25,100,229 |
| Accumulated in second phase of the program |
7,022 |
|
53,952,835 |
| Accumulated under the program |
359,350 |
|
2,724,821,989 |
With the transactions stated above, the Company owns a total of 89,828 A shares and 410,156 B shares as treasury shares, corresponding to 2.40% of the share capital.
Details of each transaction are included as appendix.
Copenhagen, 30 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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