B2Holding ASA initiates share buy-back program 2023-05-25
B2Holding ASA (the "Company") has decided to initiate a share buy-back program.
The buy-back program will be conducted in accordance with the authorization
provided by the Annual General Meeting to the Board of Directors on 25 May 2023.
The program is expected to commence on 26 May 2023 and continue up until the
Annual General Meeting 2024 at the latest. The purpose of the program is to
reduce the capital of the Company.
The share buy-back program will be for a maximum of 25 million shares and will
comprise acquisitions of own shares for an aggregate amount of up to NOK
162,600,000. The Company has engaged Nordea Markets to carry out the share
buy-back program on its behalf, who will make its own trading decisions
independently of the Company. The shares will be bought back in accordance with
the requirements in Commission Delegate Regulation (EU) No 2016/1052 of 8 March
2016 and Regulation (EU) No 697/2014.
This information is published in accordance with the requirements in article 5
of the EU Market Abuse Regulation and subject to the disclosure requirements
pursuant to Section 5-12 of the Norwegian Securities Trading Act.
For further information, please contact:
Head of Commercial Strategy and Investor Relations, B2Holding ASA
Mobile: +47 952 55 842