AP Moeller Maersk A/S : Transactions in connection with share buy-back program
February 01, 2016 at 02:27 pm IST
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ANNOUNCEMENT
A.P. Møller - Mærsk A/S - Transactions in connection with share buy-back program
On 31 August 2015 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. 2273/2003 of 22 December 2003 (the Safe Harbour regulation). The share buy-back program of up to DKK 6.7bn is to be executed during a 12-month period beginning 1 September 2015.
During the second phase of the program running from 1 December 2015 to 31 March 2016, the Company will buy-back A and B shares for an amount of up to DKK 4,400 mill.
The following transactions have been made under the program in the period 25 January 2016 to 29January 2016:
Number of
A shares
Average purchase
price A shares, DKK
Transaction value,
A shares, DKK
Accumulated, last announcement
91,243
860,883,156
25 January 2016
1,517
8,123.58
12,323,471
26 January 2016
755
8,131.20
6,139,056
27 January 2016
1,733
8,236.78
14,274,340
28 January 2016
1,537
8,359.33
12,848,290
29 January 2016
1,435
8,616.06
12,364,046
Accumulated in second phase of the program
53,577
463,868,885
Accumulated under the program
98,220
918,832,359
Number of
B shares
Average purchase
price B shares, DKK
Transaction value,
B shares, DKK
Accumulated last announcement
362,702
3,488,666,898
25 January 2016
5,746
8,259.14
47,457,018
26 January 2016
4,432
8,283.31
36,711,630
27 January 2016
5,664
8,336.80
47,219,635
28 January 2016
6,567
8,491.66
55,764,731
29 January 2016
5,746
8,737.18
50,203,836
Accumulated in second phase of the program
214,376
1,881,362,844
Accumulated under the program
390,857
3,726,023,749
With the transactions stated above, the Company owns a total of 98,220A shares and 476,109 B shares as treasury shares, corresponding to 2.67 % of the share capital.
Copenhagen, 1 February 2016
Contact persons:
Head of Investor Relations, Henrik Lund, tel. +45 3363 3106
Head of Media Relations, Louise Münter, tel. +45 3363 1912
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A.P. Møller-Mærsk A/S issued this content on 01 February 2016 and is solely responsible for the information contained herein. Distributed by Public, unedited and unaltered, on 01 February 2016 08:56:34 UTC
Original Document: http://investor.maersk.com/releasedetail.cfm?ReleaseID=952505
A.P. Møller - Mærsk A/S is the world's leading maritime transport company. The group's activity is organized around two sectors:
- maritime freight transport : at the end of 2023, operated a fleet of over 707 vessels (container vessels, tugs, supply vessels, gas carriers, and other specialized transporters). The group also offers port and logistical services;
- other: primarily activities related to shipyard construction, factory management (plastic and rubber products), and business holdings.
Net sales are distributed geographically as follows: Denmark (1.7%), United States (22.4%), China and Hong Kong (5.5%), Germany (3.3%), the United Kingdom (3.6%), Netherlands (3 .1%), Brazil (2.8%), Mexico (2.7%), India (2.7%), Spain (2.6%), Australia (2.5%), Singapore (1.9%) %), Costa Rica (0.7%) and others (44.5%).