Havyard Group ASA (OB:HYARD) commences an Equity Buyback Plan, under the authorization approved on June 13, 2022.

Havyard Group ASA (OB:HYARD) commences a share repurchases on September 29, 2022, under the program mandated by the shareholders in the Extraordinary Annual General Meeting held on June 13, 2022. As per the mandate, the company is authorized to repurchase up to 7,198,731 shares in the company, each with a nominal value of NOK 0.05. The consideration per share may not be less than NOK 1 and may not exceed NOK 50.

The authorization is valid until the Annual General Meeting in 2023, however no longer than until June 30, 2023.