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13:23 - 20 Mar 2017

Vestas - Transactions in connection with share buy-back programme during the period 13 - 17 March 2017

Aarhus, Denmark, 2017-03-20 13:23 CET (GLOBE NEWSWIRE) --  

 

On 8 February 2017, Vestas initiated a share buy-back programme, ref. Company announcement No. 04/2017. 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 705 million (approximately EUR 95 million) in the period from 8 February 2017 to 4 May 2017. 

The following transactions have been made under the programme during the period 13 - 17 March 2017:

 

  Number of
shares
Weighted average purchase price, DKK Transaction value,
DKK
13 March 2017 32,640 526.11 17,172,070
14 March 2017 11,700 523.27 6,122,272
15 March 2017 29,361 524.76 15,407,478
16 March 2017 47,826 527.97 25,250,708
17 March 2017 11,164 529.58 5,912,193
Accumulated under the programme 653,487 518.78 339,012,770

 
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

Download attachments
170320_11_Appendix.pdf 170320_11_Company_Announcement.pdf
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