to-the-point: Ørsted buys back USD 7.3m of company shares

Danish offshore wind major Ørsted A/S (CPH:ORSTED) said today it has concluded its previously announced share repurchase programme, buying back stock for a total of DKK 48.4 million (USD 7.3m/EUR 6.5m).

The company has repurchased a total of 110,000 shares since the start of the month and, as of today, it holds a total of 335,904 own shares corresponding to 0.08% of the total number of issued Ørsted shares.

Nordea acted as lead manager of the programme, which was announced the same day Ørsted lifted its earnings guidance for 2018.

(DKK 1.0 = USD 0.151/EUR 0.134)

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