According to a press release published on Global Newswire website, on 3 June 2019, A.P. Møller – Mærsk A/S (the Company) announced the first phase of a share buy-back program.
Compliant with EU commission regulation
The share buy-back program is 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 is to be executed during a 15-month period beginning 4 June 2019.
Buy-back in first phase
During the first phase of the program running from 4 June 2019 up to 1 November 2019, 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 11 June 2019 to 14 June 2019:
With the transactions stated above, the Company owns a total of 10,686 A shares and 93,545 B shares as treasury shares, corresponding to 0.50% of the share capital.
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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Source: Globenewswire
