- Home
- Equities - Stocks - Shares
- Company Press Releases
- Transactions Made Under The Repurchase Program For HAV Group ASA
Transactions made under the repurchase program for HAV Group ASA
17 Feb 2023 11:48 CET
Issuer
HAV Group ASA
Reference is made to the stock exchange announcement from HAV Group ASA ("HAV"
or the "Company") of 30 May 2022 regarding the continuation of the repurchase
program of up to 7,000,000 own shares. The Company may however only acquire
treasury shares provided that the total nominal value of the holding of treasury
shares does not exceed 10% of the Company's current share capital at any time,
as of today corresponding to 3,500,000 shares.
The continuation of the repurchase program is based on the new authorizations
given to the board by the Company's annual general meeting held on 30 May 2022.
The repurchase program can be implemented in the period until the annual general
meeting in 2023, but no longer than until 30 June 2023.
The following repurchases have been made in accordance with the "safe harbor"
rules, which includes a limitation of 25% of the average daily volume traded in
the last 20 trading days:
Date Volume Average price Total cost (NOK)
08.02.23 27.575 9,5392 263.043,44
09.02.23 44.387 9,4938 421.401,30
10.02.23 45.398 9,7069 440.673,85
13.02.23 43.186 9,6368 416.174,84
14.02.23 36.122 9,5635 345.452,75
15.02.23 42.562 9,5412 406.092,55
16.02.23 41.029 9,8900 405.776,81
Total previously published repurchases under the program:
2.916.950 13,4185 39.141.140,42
Total repurchases under the program:
3.197.209 13,0863 41.839.755,96
A detailed overview of all completed transactions under the repurchase program
carried out during the above time period is attached hereto and available at
www.newsweb.no.
At present date, HAV owns 2.455.350 treasury shares in the Company,
corresponding to 7,02% of HAV's share capital.
For further information, please contact:
Gunnar Larsen, CEO
Tel: +47 90 10 56 94
Email: gunnar.larsen@havgroup.no
This information is published in accordance with the Market Abuse Regulation
(EU) 596/2014 Article 5, as supplemented by delegated Commission Regulation (EU)
2016/1052, and is subject to disclosure requirements in accordance with the
Securities Trading Act § 5-12.
More information:
Access the news on Oslo Bors NewsWeb site
Source
HAV Group ASA
Provider
Oslo Børs Newspoint
Company Name
HAV GROUP ASA
ISIN
NO0010931918
Symbol
HAV
Market
Euronext Growth