Selvaag Bolig ASA: Completed buyback of own shares for employee share purchase programmes
As announced 3 October 2023 Selvaag Bolig ASA initiated repurchase of up to 100 000 shares for the company’s incentive programmes. The buyback has been completed.
From 3 October through 9 October the company bought 100 000 shares at an average price of NOK 28.5686. See the attached documents for detailed information about the transactions made.
The share buyback program was 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”). Daily purchases were limited to a maximum of 25 per cent of the average daily volume traded the last 20 days.
Following these transactions, Selvaag Bolig holds 960 878 treasury shares.