AI assistant
Vestas Wind Systems — Transaction in Own Shares 2016
Sep 13, 2016
Preview isn't available for this file type.
Download source fileAarhus, Denmark, 2016-09-13 08:30 CEST (GLOBE NEWSWIRE) --
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
06-12 September 2016:
Number Weighted average purchase Transaction
of price, DKK value,
shares DKK
06 September 2016 80,000 564.18 45,134,176
07 September 2016 30,000 565.67 16,970,001
08 September 2016 77,500 562.55 43,597,687
09 September 2016 82,500 554.71 45,763,517
12 September 2016 29,000 547.43 15,875,458
Accumulated under the 983,731 553.92 544,909,479
programme
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