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Dampskibsselskabet Norden A/S (DPBSF)

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29.14+10.86 (+59.41%)
At close: 2:06PM EDT
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Previous close18.28
Open29.28
BidN/A x N/A
AskN/A x N/A
Day's range29.14 - 29.28
52-week range12.80 - 29.28
Volume1,042
Avg. volume85
Market cap886.599M
Beta (5Y monthly)1.04
PE ratio (TTM)25.76
EPS (TTM)1.13
Earnings dateN/A
Forward dividend & yieldN/A (N/A)
Ex-dividend dateN/A
1y target estN/A
  • Globe Newswire

    REPORT ON CEO’S TRANSACTIONS IN DAMPSKIBSSELSKABET NORDEN A/S’ SHARES

    ANNOUNCEMENT NO. 66 - 7 MAY 2021 Under Article 19 of the Market Abuse Regulation Dampskibsselskabet NORDEN A/S is required to report transactions in Dampskibsselskabet NORDEN A/S’ shares by persons discharging managerial responsibilities and their close relatives. Name: Jan RindboReason: Reporting duty, CEOIssuer: Dampskibsselskabet NORDEN A/SISIN code: DK0010269844Instrument: SharesTransaction: Purchase of sharesTrading date: 6 May 2021Market: Nasdaq CopenhagenNumber: 50,000Market value in DKK: 4,725,000Holding after transaction 87,837 Reason: Reporting duty, CEOIssuer: Dampskibsselskabet NORDEN A/SISIN code: DK0010269844Instrument: SharesTransaction: Sale of sharesTrading date: 6 May 2021Market: Nasdaq CopenhagenNumber: 20,000Market value in DKK: 3,416,000Holding after transaction 67,837 Kind regards, Dampskibsselskabet NORDEN A/S Martin Badsted CFO For further information: Thomas France, Investor Communications Partner, tel.: +45 3273 0629, e-mail: tfr@norden.com Attachment No. 66 Managers transactions

  • Globe Newswire

    IMPLEMENTATION OF CAPITAL REDUCTION IN DAMPSKIBSSELSKABET NORDEN A/S

    ANNOUNCEMENT NO. 65 - 6 MAY 2021 At the annual general meeting on 25 March 2021 and the extraordinary general meeting on 6 April 2021 convened in Dampskibsselskabet NORDEN A/S, a proposal was adopted to reduce the Company’s share capital by nominally DKK 1,500,000 from 40,700,000 to DKK 39,200.000 by cancellation of treasury shares. The deadline for creditors to file their claims against the Company has now expired, without any claim being filed. The Board of Directors has therefore decided to implement the capital reduction, and the capital reduction has been registered with the Danish Commerce and Companies Agency. As a result of the capital reduction, the Company’s Articles of Association have been changed with regard to the size of the share capital. The updated Articles of Association can be found on the Company’s website under Investor/ Governance/Policies and Charters. The share capital of the Company is hereafter DKK 39,200,000. After the cancellation of treasury shares, the Company’s holding of treasury shares represents 1,764,007 shares, corresponding to 4.50%. Kind regards, Dampskibsselskabet NORDEN A/S Klaus Nyborg Chairman For further information: Thomas France, Investor Communications Partner, tel.: +45 3273 0629, e-mail: tfr@norden.com Attachment No. 65 Implementation of capital reduction

  • Globe Newswire

    NORDEN BUILDS SUBSTANTIAL VALUE IN Q1 AND RAISES GUIDANCE FOR 2021

    ANNOUNCEMENT NO. 64 - 6 MAY 2021 NORDEN is well-positioned to capitalise on a historically strong dry cargo market through significant increases in fleet values and by building strong positions for the remainder of 2021. For Q1 2021, NORDEN reports an Adjusted Result of USD -6 million (USD 29 million) and raises its guidance for the Adjusted Annual Result to USD 75-125 million, based on a strong performance in the Dry Operator business unit which is expected to bring significantly increased earnings in the remainder of 2021. The strong dry cargo market has led to an increase in the value of NORDEN’s portfolio of USD 106 million in Q1. CEO Jan Rindbo in comment: “NORDEN raises its guidance for the year to USD 75-125 million, expecting significantly higher earnings from Q2 onwards. The Q1 result should be seen in light of the substantial increase in the market value of NORDEN’s fleet as well as the strong position created in Dry Operator in a soaring dry cargo market. This will benefit earnings significantly during the rest of 2021.” Asset Management: Extraordinary increases in dry asset values Adjusted Result Q1 2021: USD 2 million (Q1 2020: USD 7 million)Increase in market value of owned and leased vessels of USD 106 millionCapitalising on strong growth in dry cargo asset prices through gradual increased exposure to dry cargo in the past year Dry Operator: Soaring dry market rates prompted quick repositioning Adjusted Result Q1 2021: USD 0 million (Q1 2020: USD 4 million)Quick adjustment from short to long position (more tonnage than cargoes) which will benefit earnings significantly from Q2 onwardsAverage of 322 operated vessels in Q1 2021 – 31% up from Q1 2020 Tanker Operator: Preparing for second half-year improvements Adjusted Result Q1 2021: USD -8 million (Q1 2020: USD 18 million)Mitigating the worst effects of the weak spot market with high coverage on its managed fleetPreparing for increased activity for the second half of 2021 and beyond by optimising vessel portfolio A telephone conference as well as an audiocast will be held today at 10:30 a.m. (CET), where CEO Jan Rindbo and CFO Martin Badsted will comment on the interim report. Participants can join the audiocast to view and listen to the live presentation, while conference call participants have the ability to ask questions at the end of the call. The accompanying presentation will be available on NORDEN’s website prior to the conference call and audiocast. It is requested that all conference call participants have joined the call by latest 10:25 a.m. (CET). Webcast link: https://edge.media-server.com/mmc/p/gc4wuszb Dial in details for conference call:Danish participants: (+45) 32720417International participants:UK: +44 (0) 2071 928338USA: +1 646 741 3167Confirmation code: 8295474 The audiocast will be recorded and made available on NORDEN’s website subsequently. For further information:Thomas France, Investor Communications Partner, tel.: +45 3315 0451 Attachments No. 64 Interim report first quarter 2021 NORDEN_Q1_2021_UK