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14:31 - 06 Nov 2017

Vestas - Transactions in connection with share buy-back programme during the period 30 October – 3 November 2017

Aarhus, Denmark, 2017-11-06 14:31 CET (GLOBE NEWSWIRE) --  

On 17 August 2017, Vestas initiated a share buy-back programme, ref. Company announcement No. 30/2017. 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 4,460 million (approximately EUR 600 million) in the period from 17 August 2017 to 29 December 2017. 

The following transactions have been made under the programme during the period 30 October – 3 November 2017:

 

  Number of
shares
Weighted average purchase price, DKK Transaction value,
DKK
30 October 2017 40,000 563.07 22,522,900
31 October 2017 148,688 565.04 84,013,998
01 November 2017 41,910 570.99 23,930,174
02 November 2017 90,719 567.55 51,487,759
03 November 2017 124,279 517.95 64,369,935
Accumulated under the programme 4,594,972 560.41 2,575,084,225

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,             Patrik Setterberg
Group Treasury and Investor Relations                  Investor Relations
Tel: +45 9730 8209                                                 Tel: +45 6122 1913 

Download attachments
171106_42_Appendix.pdf 171106_42_Company_Announcement.pdf
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