Aarhus, Denmark, 2016-10-25 08:00 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 18-24 October 2016:
Number of Weighted average purchase Transaction shares price, DKK value, DKK -------------------------------------------------------------------------------- 18 October 2016 30,000 537.85 16,135,518 19 October 2016 30,000 537.87 16,136,007 20 October 2016 65,000 543.21 35,308,748 21 October 2016 45,140 544.54 24,580,576 24 October 2016 66,036 548.97 36,251,532 Accumulated under the 2,517,613 548.97 1,382,082,844 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=591039
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 18-24 October 2016:
Number of Weighted average purchase Transaction shares price, DKK value, DKK -------------------------------------------------------------------------------- 18 October 2016 30,000 537.85 16,135,518 19 October 2016 30,000 537.87 16,136,007 20 October 2016 65,000 543.21 35,308,748 21 October 2016 45,140 544.54 24,580,576 24 October 2016 66,036 548.97 36,251,532 Accumulated under the 2,517,613 548.97 1,382,082,844 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=591039