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10:04 - 22 Dec 2017

Vestas - Transactions in connection with share buy-back programme during the period 18 – 21 December 2017, completing the programme

Aarhus, Denmark, 2017-12-22 10:04 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 18 – 21 December 2017:
 

  Number of
shares
Weighted average purchase price, DKK Transaction value,
DKK
18 December 2017 237,353 436.30 103,556,354
19 December 2017 200,000 428.96 85,791,660
20 December 2017 - - -
21 December 2017 70,212 433.38 30,428,322
Accumulated under the programme 9,204,766 484.52 4,459,882,982

Details of all the transactions relating to the share buy-back programme during the period are presented in the attached appendix. 

The share buy-back programme initiated 17 August 2017 is hereby finalised.

 

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
171222_56_Company_Announcement.pdf 171222_56_Appendix.pdf
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