AP Moeller Maersk A/S : Transactions in connection with share buy-back program
March 14, 2016 at 09:11 am
Share
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 7 March 2016 to 11March 2016:
Number of
A shares
Average purchase
price A shares, DKK
Transaction value,
A shares, DKK
Accumulated, last announcement
135,489
1,227,743,982
7 March 2016
1,195
9,261.53
11,067,528
8 March 2016
2,255
9,038.18
20,381,096
9 March 2016
1,435
8,925.69
12,808,365
10 March 2016
1,981
8,779.03
17,391,258
11 March 2016
1,148
8,797.68
10,099,737
Accumulated in second phase of the program
98,860
844,528,491
Accumulated under the program
143,503
1,299,491,966
Number of
B shares
Average purchase
price B shares, DKK
Transaction value,
B shares, DKK
Accumulated last announcement
540,053
4,990,931,119
7 March 2016
4,597
9,505.32
43,695,956
8 March 2016
9,029
9,276.24
83,755,171
9 March 2016
5,746
9,131.46
52,469,369
10 March 2016
7,932
8,988.50
71,296,782
11 March 2016
4,597
9,003.36
41,388,446
Accumulated in second phase of the program
395,473
3,438,875,937
Accumulated under the program
571,954
5,283,536,843
With the transactions stated above, the Company owns a total of 143,503A shares and 657,206 B shares as treasury shares, corresponding to 3.72% of the share capital.
Copenhagen, 14 March 2016
Contact persons:
Senior Investor Relations Officer, Johan Mortensen, tel. +45 3363 3622
Head of Media Relations, Louise Münter, tel. +45 3363 1912
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A.P. Møller-Mærsk A/S issued this content on 14 March 2016 and is solely responsible for the information contained herein. Distributed by Public, unedited and unaltered, on 14 March 2016 09:10:10 UTC
Original Document: http://investor.maersk.com/releasedetail.cfm?ReleaseID=960309
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%).