On March 27, 2023 Genmab A/S (Nasdaq: GMAB) reported the initiation of a share buy-back program to honor our commitments under our Restricted Stock Units program (Press release, Genmab, MAR 27, 2023, View Source [SID1234629372]).

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The share buy-back program is expected to be completed no later than March 31, 2023, and comprises up to 220,000 shares.

The following transactions were executed under the program from March 20, 2023, to March 24, 2023:

No. of shares Average price (DKK) Total value (DKK)
Accumulated through last announcement 167,000 427,631,620
March 20, 2023 6,000 2,504.24 15,025,440
March 21, 2023 5,000 2,541.77 12,708,850
March 22,2023 5,000 2,541.44 12,707,200
March 23, 2023 7,000 2,529.99 17,709,930
March 24, 2023 7,000 2,564.91 17,954,370

Total 30,000 76,105,790
Accumulated under the program 197,000 503,737,410
Details of each transaction are included as an appendix to this announcement.

Following these transactions, Genmab holds 740,416 shares as treasury shares, corresponding to 1.12% of the total share capital and voting rights.

The share buy-back program is undertaken in accordance with Regulation (EU) No. 596/2014 (‘MAR’) and the Commission Delegated Regulation (EU) 2016/1052, also referred to as the "Safe Harbour Regulation." Further details on the terms of the share buy-back program can be found in our company announcement no. 06 dated February 22, 2023.