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Adevinta ASA (ADE) - Repurchase of shares by Adevinta ASA

·1-min read
Adevinta ASA
Adevinta ASA

Oslo, 31 August 2022 - Please see below information about transactions made under the buy-back programme for Adevinta ASA.

Date on which the second tranche buy-back programme was announced: 6 April 2022

Date on which the second tranche buy-back programme was resumed: 30 August 2022

Duration of the second tranche buy-back programme: no longer than 30 June 2023

Remaining size of the second tranche buy-back programme: up to 1,778,756 shares (full size announced in April 2022 - up to 6,000,000 shares)

 

From 30 August 2022 until 31 August 2022, Adevinta ASA has purchased a total of 35,044 own shares at the Oslo Stock Exchange at an average price of NOK 77.76 per share.

 

Aggregated overview of transactions per day:

Date

Aggregated volume
(number of shares)

Weighted average
share price (NOK)

Total transaction
value (NOK)

30 Aug 2022

35,044

77.7591

2,724,990

Previously disclosed buybacks
under the 2nd tranche programme (accumulated)

4,221,244

69.6949

294,199,268

Total buybacks under the 2nd tranche programme

4,256,288

69.7613

296,924,258

 

 

 

 

The issuer’s holding of own shares:

Following the completion of the above transactions, Adevinta ASA owns a total of 8,219,890 own shares, corresponding to 0.67% of Adevinta ASA’s share capital.

Appendix:

An overview of all transactions made under the second tranche of the buy-back programme that have been carried out during the above-mentioned time period is attached to this report and available at www.newsweb.no and www.adevinta.com/ir.

 

 

 

This information is subject to the disclosure requirements pursuant to Section 5-12 the Norwegian Securities Trading Act

Attachment