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Schibsted ASA (SCHA/SCHB) - Repurchase of own shares
24 Apr 2023 22:26 CEST
Issuer
Schibsted ASA
24.4.2023 22:26:36 CEST | Schibsted | Acquisition or disposal of the issuer's
own shares
Please see below information about transactions made under the buyback programme
announced on 09 December 2022.
Date on which the repurchase programme was announced: 09 December 2022
The duration of the repurchase programme: The buyback programme will end no
later than 30 September 2023
Size of the repurchase programme: Up to 4% of issued shares (total issued shares
are approx. 234.3 million) with a maximum value of NOK 1.7 billion
For the period 18 April until 24 April 2023, Schibsted has purchased a total of
94,500 own A-shares at an average price of NOK 184.9603 per share, and a total
of 115,500 own B-shares at an average price of NOK 172.2391 per share.
A-shares:
Date | Aggregated daily | Weighted average | Total daily
| volume (number of | share price per | transaction value
| shares) | day (NOK) | (NOK)
---------------------------------------------------------------------------
18 Apr 2023 | 8,100 | 185.4732 | 1,502,333
---------------------------------------------------------------------------
19 Apr 2023 | 16,200 | 185.4070 | 3,003,593
---------------------------------------------------------------------------
20 Apr 2023 | 16,200 | 186.5335 | 3,021,843
---------------------------------------------------------------------------
21 Apr 2023 | 24,300 | 184.5101 | 4,483,594
---------------------------------------------------------------------------
24 Apr 2023 | 29,700 | 184.0871 | 5,467,387
---------------------------------------------------------------------------
Total for period | 94,500 | 184.9603 | 17,478,751
---------------------------------------------------------------------------
Previously | 1,783,880 | 198.0744 | 353,341,024
disclosed | | |
---------------------------------------------------------------------------
Total for | 1,878,380 | 197.4147 | 370,819,775
programme | | |
B-shares:
Date | Aggregated daily | Weighted average | Total daily
| volume (number of | share price per | transaction value
| shares) | day (NOK) | (NOK)
---------------------------------------------------------------------------
18 Apr 2023 | 9,900 | 173.1420 | 1,714,106
---------------------------------------------------------------------------
19 Apr 2023 | 19,800 | 172.9554 | 3,424,517
---------------------------------------------------------------------------
20 Apr 2023 | 19,800 | 174.0667 | 3,446,520
---------------------------------------------------------------------------
21 Apr 2023 | 29,700 | 172.1965 | 5,114,236
---------------------------------------------------------------------------
24 Apr 2023 | 36,300 | 170.6401 | 6,194,235
---------------------------------------------------------------------------
Total for period | 115,500 | 172.2391 | 19,893,615
---------------------------------------------------------------------------
Previously | 2,180,175 | 188.9454 | 411,934,062
disclosed | | |
---------------------------------------------------------------------------
Total for | 2,295,675 | 188.1049 | 431,827,677
programme | | |
Following the transactions above, Schibsted has bought back a total of 4,174,055
shares with a transaction value of approx. NOK 802,647,452 under the buyback
programme.
The issuer's holding of own shares:
Following the completion of the above transactions, Schibsted owns a total of
1,878,380 own A-shares, and a total of 2,786,454 own B-shares, corresponding to
1.99% of total issued shares in Schibsted.
Appendix:
A detailed overview of all transactions made under the buyback programme that
have been carried out during the above-mentioned time period is attached to this
notice and available at www.newsweb.no.
Oslo, 24 April 2023
SCHIBSTED ASA
DISCLOSURE REGULATION
This information is subject to the disclosure requirements pursuant to Section
5-12 of the Norwegian Securities Trading Act.
CONTACTS
* Jann-Boje Meinecke, VP, Head of Investor Relations, +47 941 00 835,
jbm@schibsted.com
* Malin Langtvet, Investor Relations Officer, +47 916 86 710, ir@schibsted.com
ABOUT SCHIBSTED
Schibsted is a family of digital brands with a strong Nordic position, and more
than 5,000 employees. Millions of people enjoy interacting with our companies
every day through our online marketplaces such as FINN, Blocket and Oikotie; our
media houses including Aftenposten, VG and Aftonbladet; and digital services
like Lendo. We also help new promising businesses grow. Our joint mission of
empowering people in their daily lives is rooted in the values of our media
heritage and a legacy of bold change. At our best, we are a fearless force for
change in a society built on trust and transparency.
Schibsted is listed on Oslo Børs and has a sizable investment in Adevinta, a
company that was spun off and publicly listed as a separate company on Oslo Børs
in 2019.
ATTACHMENTS
Download announcement as PDF.pdf -
https://kommunikasjon.ntb.no/ir-files/17847482/2269/3103/Download%20announcement
%20as%20PDF.pdf
20230424 SCHA Trade details.pdf -
https://kommunikasjon.ntb.no/ir-files/17847482/2269/3101/20230424%20SCHA%20Trade
%20details.pdf
20230424 SCHB Trade details.pdf -
https://kommunikasjon.ntb.no/ir-files/17847482/2269/3102/20230424%20SCHB%20Trade
%20details.pdf
More information:
Access the news on Oslo Bors NewsWeb site
588380_20230424 SCHA Trade details.pdf
588380_Download announcement as PDF.pdf
588380_20230424 SCHB Trade details.pdf
Source
Schibsted ASA
Provider
Oslo Børs Newspoint
Company Name
SCHIBSTED SER. A, SCHIBSTED SER. B, Schibsted ASA 17/24 FRN, Schibsted ASA 17/23 FRN, Schibsted ASA 17/23 2,825%, Schibsted ASA 20/23 FRN
ISIN
NO0003028904, NO0010736879, NO0010786866, NO0010797541, NO0010797558, NO0010878960
Symbol
SCHA, SCHB
Market
Oslo Børs