News Column

SimCorp A/S – Share Buyback Program

January 27, 2014

On 27 August 2013 , SimCorp A/S announced a share buyback program in accordance with the provisions of Commission Regulation No. 2273/2003 of 22 December 2003 , also referred to as the “Safe Harbour”. In connection with the program SimCorp A/S will repurchase shares for an amount of up to EUR 20.0m (approx. DKK 149.2m ) in the period from 28 August 2013 to 24 February 2014 . Since the last announcement the following transactions have been executed under the program: Date Number of Average purchase price Amount shares (DKK per share) (DKK) Accumulated under the program as 659,118 185.25 122,100, of last announcement: 270 20 January 2014 5,000 209.20 1,046,00 0 21 January 2014 4,800 208.55 1,001,04 0 22 January 2014 4,500 207.79 935,055 23 January 2014 5,000 207.89 1,039,45 0 24 January 2014 7,000 203.25 1,422,75 0 Accumulated under the program 685,418 186.08 127,544, following above purchases: 565 Following above purchases, SimCorp holds 2,214,459 treasury shares corresponding to 5.09% of the share capital. Purchases for an amount of EUR 2.9m (approx. DKK 21.7m ) remain to be executed under the program. Enquiries regarding this announcement should be addressed to: Klaus Holse, Chief Executive Officer, SimCorp A/S (+45 3544 8802, +45 2326 0000) Thomas Johansen, Chief Financial Officer, SimCorp A/S (+45 3544 6858, +45 2811 3828) Company Announcement no. 05/2014 Copyright © 2014 OMX AB (publ).


For more stories on investments and markets, please see HispanicBusiness' Finance Channel



Source: OMX


Story Tools