Norden is boosting its shareholding in itself through a buyback plan to part fund a large shareholder payout.

Carsten Mortensen.

The Carsten Mortensen-led owner is spending up to DKK 170m ($31m) on its own shares as it seeks to push its company shareholding towards the 8% mark.



The share buyback programme is part of a plan hatched at the end of last year to fork out DKK 505m to shareholders.



“The