Vestas Wind A/S : Transactions in connection with share buy-back programme during the period 1-7 November 2016
November 08, 2016 at 11:59 am
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12:44 - 08 Nov 2016
On 18 August 2016, Vestas initiated a share buy-back programme, ref. Company announcement No. 26/2016. The programme is implemented in accordance with Article 5 of Regulation No 596/2014 of the European Parliament and Council of 16 April 2014 (MAR) (the 'Safe Harbour' rules). The purpose of the programme is to adjust Vestas' capital structure and to meet the obligations arising from share based incentive programmes to employees of Vestas.
Under the programme Vestas will buy back shares for an amount up to DKK 2,984 million (approximately EUR 400 million) in the period from 18 August 2016 to 30 December 2016.
The following transactions have been made under the programme during the period 1-7 November 2016:
Number of
shares
Average purchase
price, DKK
Transaction
value, DKK
1 November 2016
85,000
534.68
45,447,503
2 November 2016
90,000
508.73
45,786,033
3 November 2016
90,000
501.53
45,137,916
4 November 2016
92,821
497.92
46,217,070
7 November 2016
56,000
514.22
28,796,561
Accumulated under the programme
3,189,334
543.46
1,733,281,232
Details of all the transactions relating to the share buy-back programme during the period are presented in the attached appendix.
Contact details
Vestas Wind Systems A/S, Denmark
Hans Martin Smith, Senior Vice President, Group Treasury and Investor Relations
Tel: +45 9730 8209
Vestas Wind Systems A/S published this content on 08 November 2016 and is solely responsible for the information contained herein. Distributed by Public, unedited and unaltered, on 08 November 2016 11:59:04 UTC.
Original documenthttp://www.vestas.com/en/publications/2016/november/161108_ca_uk_40
Public permalinkhttp://www.publicnow.com/view/76F82C25997BD5F5F837FF29CB1C355D1CC29476
Vestas Wind Systems A/S is the world's leading manufacturer of wind turbines. Net sales by activity break down as follows:
- sale of wind turbines and wind energy production systems (76.8%): 2,554 turbines and systems (with a total capacity of 12,685 MW) delivered in 2023. The group also sells replacement parts;
- services (23.2%): notably maintenance services and warranty extension agreements.
Net sales are distributed geographically as follows: Denmark (3.1%), Europe/Middle East/Africa (46.4%), the United States (20%), Americas (17.3%) and Asia/Pacific (13.2%).