Topdanmark wants to inform about the Group's affairs in a transparent and comprehensive manner. Read about Topdanmark's IR policy and find answers to frequently asked questions about Topdanmark, share, management, strategy and other investor-focused questions.
Topdanmark wishes to openly and sufficiently inform investors, analysts and other stakeholders on the Group's matters in order to ensure that as far as possible:
As the Danish institutional investors have increased the foreign proportion of their equity portfolios for a number of years, Topdanmark has increased its proportion of foreign shareholders registered by name. Since 1997 until 18 April 2023 the proportion of foreign shareholders has increased from 2% to 73%.
List of relevant links here
To investors and analysts who follow Topdanmark
Link to the discount curve and to the technical description of the new interest rate curve (In Danish)
Relevant Industry Links
Insurance & Pension Denmark
Forsikringsoplysningen (In Danish)
Forsikringsguiden (In Danish)
Pensionsinfo
Relevant links for Topdanmark's investment return
Danish Equities: Capped total index
Foreign Equities: MSCI World in local currency
Lower-rated credits:
Bloomberg's information system – ITRXTX5I "Index"
EPS consensus: EPS consensus revisions: last 18 months
They are traded on Københavns Fondsbørs, (NASDAQ Copenhagen A/S). Topdanmark's shares are included in the OMXC Large Cap index.
The average daily share trading on NASDAQ Copenhagen A/S was DKK 28m in 2022 (2021: DKK 36m).
Around 43,000.
See chart on Share price showing the current share price.
About 72% of the shares are owned by foreign shareholders. Only Sampo plc owns more than 33.3% of the share capital, and Mawer Investment Management owns more than 5% of the share capital. Read more.
Sampo plc owns more than 33.3% of the share capital, and Mawer Investment Management owns more than 5% of the share capital. Read more.
It is Topdanmark's objective to generate added value to shareholders by ensuring them a long-term, competitive stable return. The value of the Company represents: The present value of the expected cash flow from existing activities plus the present value of new business opportunities.
Topdanmark’s Board of Directors has adopted a dividend policy according to which dividend distribution will take place via annual distribution of dividends. Distribution of dividends will take place immediately after the approval at the annual general meeting. The dividends will correspond to a payout ratio of minimum 70%.
Topdanmark supports the principles of good Corporate Governance and meets all significant recommendations for Corporate Governance from the Committee on Corporate Governance. Read more.
Topdanmark's highest risk areas are those of storm and fire. Topdanmark's risk factors are described on Risk management page.
The next Annual General Meeting will take place at 26 April 2023.
It is the calendar year.
Topdanmark's head of IR, Robin Løfgren, is responsible for relationships with Danish and foreign share analysts and institutional investors. Topdanmark's Share Administration Department is responsible for relationships with private shareholders.
Topdanmark's Share Administration, tel:+45 44 68 44 11, Monday to Friday 10-14
Email: aktieadm@topdanmark.dk