TrygVesta A/S – Weekly report on share buy backs
To OMX Nordic Exchange Copenhagen, Announcement no. 40 - 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 20 October 2008, the following transactions have been made under the share buy back programme:
|
Number of shares |
Average purchase price |
Transaction value (DKK) |
20 October 2008 |
1,885 |
339.18 |
639,354.30 |
21 October 2008 |
22,500 |
336.97 |
7,581,825.00 |
22 October 2008 |
27,250 |
322.21 |
8,780,222.50 |
23 October 2008 |
11,250 |
311.88 |
3,508,650.00 |
24 October 2008 |
17,500 |
303.94 |
5,318,950.00 |
Accumulated |
80,385 |
321.32 |
25,829,001.80 |
Since the share buy back programme was initiated on 4 April 2008, the total number of repurchased shares is 2,525,510 for a total amount of DKK 907.5m.
With the transactions stated above, TrygVesta owns a total of 3,166,413 own shares, corresponding to 4.6% 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 TryghedsGruppen smba.