Norden launches share buyback program worth up to USD 25 million

Reuters2026/08/13 06:08

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Dampskibsselskabet NORDEN launched a share buyback of up to USD 25 million, targeting a maximum of 1,050,000 shares.
The program runs from Aug. 14, 2026 through no later than Oct. 22, 2026.
Buyback aims to adjust the capital structure, hedge obligations tied to employee incentive plans.
Danske Bank will act as lead manager, making trading decisions independently.
NORDEN held 2,425,936 treasury shares, equal to 8.09% of share capital, before the program.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Dampskibsselskabet NORDEN A/S published the original content used to generate this news brief on August 13, 2026, and is solely responsible for the information contained therein.

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

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Norden launches share buyback program worth up to USD 25 million

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