As announcedMay 13, 2022 Kongsberg Automotive ASA put in place a non -discretionary agreement withDanske Bank for the repurchase ofKongsberg Automotive shares for up to 10% of its outstanding shares in the market. The share repurchases startedMay 19, 2022 . Date Aggregated Daily Weighted Total Volume (# of Average Price Transaction Shares) (NOK) Value(NOK) 24 January 2023 218.918 2,60 569.209 25 January 2023 218.918 2,60 569.625 26 January 2023 218.918 2,60 568.224 27 January 2023 218.918 2,57 563.407 Total Purchased under the 102.610.392 2,54 260.784.338 Program (as of January 23, 2023) Total Purchased under the 103.486.064 2,54 263.054.803 Program (as of January 23, 2023) See the attached document for information about the individual transaction made under the buy-back program.Kongsberg Automotive will seek approval from the 2023 Annual General Meeting for cancellation of the repurchased shares. For further information regarding the share buy-back program, please see the stock exchange notifications fromMay 13, 2021 . The buyback program is carried out in accordance with the Market Abuse Regulation (EU) No 596/2014 ("MAR") and Commission Delegated Regulation (EU) No 2016/1052 ("Safe Harbour Regulation"). After the above-mentioned transactionsKongsberg Automotive owns a total of 103.475.565 own shares, corresponding to 9.81% ofKongsberg Automotive's share capital. With this,Kongsberg Automotive has completed the share buy-back program as announced 13.May 2022 . AboutKongsberg Automotive ASA Kongsberg Automotive provides cutting-edge technology to the global vehicle industry. We drive the global transition to sustainable mobility by putting engineering, sustainability, and innovation into practice. Our product portfolio includes driver and motion control systems, fluid assemblies, and industrial driver interface products. Find more information at: kongsbergautomotive.com (https://www.kongsbergautomotive.com/) Media and investor relations: Mads Langaard mads.langaard@ka-group.com +47 905 81 264
Click here for more information
© Oslo Bors ASA, source