Aarhus, Denmark, 2016-08-30 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 23-29 August 2016:
Number Weighted average purchase Transaction of price, DKK value, shares DKK -------------------------------------------------------------------------------- 23 August 2016 80,000 555.33 44,426,272 24 August 2016 80,000 556.15 44,492,296 25 August 2016 37,000 552.81 20,454,051 26 August 2016 41,532 555.39 23,066,661 29 August 2016 45,000 550.24 24,760,643 Accumulated under the 444,032 548.12 243,380,990 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=584125
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 23-29 August 2016:
Number Weighted average purchase Transaction of price, DKK value, shares DKK -------------------------------------------------------------------------------- 23 August 2016 80,000 555.33 44,426,272 24 August 2016 80,000 556.15 44,492,296 25 August 2016 37,000 552.81 20,454,051 26 August 2016 41,532 555.39 23,066,661 29 August 2016 45,000 550.24 24,760,643 Accumulated under the 444,032 548.12 243,380,990 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=584125