Advertisement
UK markets close in 4 hours 15 minutes
  • FTSE 100

    7,679.14
    +16.63 (+0.22%)
     
  • FTSE 250

    19,267.13
    +148.16 (+0.77%)
     
  • AIM

    751.05
    +1.03 (+0.14%)
     
  • GBP/EUR

    1.1678
    +0.0002 (+0.01%)
     
  • GBP/USD

    1.2677
    +0.0039 (+0.31%)
     
  • Bitcoin GBP

    40,734.36
    +484.65 (+1.20%)
     
  • CMC Crypto 200

    885.54
    0.00 (0.00%)
     
  • S&P 500

    4,981.80
    +6.29 (+0.13%)
     
  • DOW

    38,612.24
    +48.44 (+0.13%)
     
  • CRUDE OIL

    77.77
    -0.14 (-0.18%)
     
  • GOLD FUTURES

    2,039.20
    +4.90 (+0.24%)
     
  • NIKKEI 225

    39,098.68
    +836.52 (+2.19%)
     
  • HANG SENG

    16,742.95
    +239.85 (+1.45%)
     
  • DAX

    17,353.11
    +234.99 (+1.37%)
     
  • CAC 40

    7,891.81
    +79.72 (+1.02%)
     

Transactions Under DNO's Share Buyback Program and Completion of Program

DNO ASA
DNO ASA

Oslo, 21 March 2023 – DNO ASA, the Norwegian oil and gas operator, today reported the below transactions made under the Company’s share buyback program, which commenced 9 December 2022. For further information regarding the program, please see the Company’s stock exchange notification from 8 December 2022.

Overview of transactions:

Date

Aggregate daily volume (number of shares)

Weighted average share price (NOK)

Total transaction value (NOK)

20.3.2023

770,000

10.5753

8,142,981

21.3.2023

664,978

11.1238

7,397,082

Previously disclosed buyback under the Program (accumulated)

51,672,348

12.0700

623,684,722

 

 

 

 

Accumulated buyback under the Program

53,107,326

12.0365

639,224,785

 

Following the above transactions, the Company owns a total of 79,376,509 treasury shares, corresponding to 7.53 percent of its share capital.

An overview of all the completed transactions under the program for the dates specified above is attached to this notification and available on www.newsweb.no.

The Company has now acquired the maximum number of shares set out under the program and the program is completed. The Board of Directors plans to propose to the Annual General Meeting scheduled on 25 May 2023 to cancel the treasury shares held by the Company.

-

For further information, please contact:
Media: media@dno.no
Investors: investor.relations@dno.no

-

DNO ASA is a Norwegian oil and gas operator active in the Middle East, the North Sea and West Africa. Founded in 1971 and listed on the Oslo Stock Exchange, the Company holds stakes in onshore and offshore licenses at various stages of exploration, development and production in the Kurdistan region of Iraq, Norway, the United Kingdom, Côte d'Ivoire, Netherlands and Yemen.

This information is subject to the disclosure requirements pursuant to §5-12 of the Norwegian Securities Trading Act and the EU Market Abuse Regulation.

 



Attachments