Aarhus, Denmark, 2016-08-23 08:55 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 18-22 August 2016:
Number Weighted average purchase Transaction of price, DKK value, shares DKK -------------------------------------------------------------------------------- 18 August 2016 77,500 532.57 41,274,415 19 August 2016 53,000 535.25 28,367,985 22 August 2016 30,000 551.29 16,538,667 Accumulated under the 160,500 536.95 86,181,067 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
Attachment:
https://cns.omxgroup.com/cds/DisclosureAttachmentServlet?messageAttachmentId=582890
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 18-22 August 2016:
Number Weighted average purchase Transaction of price, DKK value, shares DKK -------------------------------------------------------------------------------- 18 August 2016 77,500 532.57 41,274,415 19 August 2016 53,000 535.25 28,367,985 22 August 2016 30,000 551.29 16,538,667 Accumulated under the 160,500 536.95 86,181,067 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
Attachment:
https://cns.omxgroup.com/cds/DisclosureAttachmentServlet?messageAttachmentId=582890