TrygVesta A/S – Weekly report on share buy backs
To OMX Nordic Exchange Copenhagen, Announcement no. 32 - 2008
On 4 April 2008 TrygVesta initiated a share buy back programme in compliance with the EU Commission Regulation no. 2273/2003 of 22 December 2003, the so-called Safe Harbour Regulative for share buy back.
Under the programme TrygVesta will purchase own shares for an amount of DKK 1,405m in the period from 4 April 2008 to the day prior to the release of the full year results 2008, which is planned to be released 3 March 2009.
Since the announcement of 1 September 2008, the following transactions have been made under the share buy back programme:
|
Number of shares |
Average purchase price |
Transaction value (DKK) |
1 September 2008 |
3,250 |
347.27 |
1,128,624.25 |
2 September 2008 |
10,625 |
359.38 |
3,818,412.50 |
3 September 2008 |
17,250 |
355.96 |
6,140,310.00 |
4 September 2008 |
25,000 |
342.05 |
8,551,250.00 |
5 September 2008 |
27,250 |
334.87 |
9,125,207.50 |
Accumulated |
83,375 |
344.99 |
28,763,804.25 |
Since the share buy back programme was initiated on 4 April 2008, the total number of repurchased shares is 1,969,000 for a total amount of DKK 726.5m.
With the transactions stated above, TrygVesta owns a total of 2,575,539 own shares, corresponding to 3.8% of the share capital. The total amount of shares in TrygVesta is 68m including own shares.
Additional information:
For further information visit www.trygvesta.com or contact Investor Relations;
TrygVesta is the leading Nordic provider of “peace of mind” solutions with property & casualty insurance operations in Denmark, Norway, Finland and Sweden. TrygVesta is listed on OMX Nordic Exchange Copenhagen and 60% of the shares are held by Tryg i Danmark smba.