In week 2 2024 Eimskip purchased 165,000 of its own shares, at a purchase price of ISK 79,959,000 as further stipulated below:
| Date | Time | No. of shares | Share price | Purchase price |
| 8.1.2024 | 09:42 | 33,000 | 488.50 | 16,120,500 |
| 9.1.2024 | 09:45 | 33,000 | 488.50 | 16,120,500 |
| 10.1.2024 | 10:06 | 33,000 | 488.00 | 16,104,000 |
| 11.1.2024 | 11:37 | 33,000 | 480.00 | 15,840,000 |
| 12.1.2024 | 10:21 | 33,000 | 478.00 | 15,774,000 |
| Total | 165,000 | 79,959,000 | ||
The trade is in accordance with Eimskip‘s buy-back program as published on Nasdaq Iceland on 10 October 2023.
Eimskip held 3,672,320 shares prior to the notified transactions, and holds 3,837,320 after them, or the equivalent of 2.29% of issued shares in the company.
Under current buy-back program Eimskip has purchased a total of 2,112,000 shares in the company, corresponding to 98.23% of the maximum amount of shares to be purchased under this program. Total purchase price is ISK 979,885,500 corresponding to 97.99% of the maximum ISK amount of the buy-back program.
Buy-back under the program will amount to a maximum of 2,150,000 shares and the market value amount will not exceed ISK 1,000,000,000. The buy-back program is in effect for 18 months post the Annual General Meeting held 9 March 2023, unless the conditions for maximum purchase are met before that time.
The execution of the buy-back program is according to Act on Public Limited Companies, No. 2/1995. In addition, the buy-back program must be implemented as provided for in the Regulation of the European Parliament and of the Council no. 596/2014, on market abuse, as well as the Commission Delegated Regulation (EU) 2016/1052 on regulatory technical standards for the conditions applicable to buy-back programs and stabilization measures, which supplements that Regulation.
For further information please contact
Guðbjörg Birna Björnsdóttir, Head of Treasury and Investor Relations, tel: +354 844 4752, email: investors@eimskip.com
