Oslo, 22 March 2022 – Please see below information about transactions made under the buy-back programme for Adevinta ASA. Following the trades included in this release, the first tranche of the buy-back programme is completed.
Date on which the buy-back programme was announced: 24 February 2022
The duration of the first tranche buy-back programme: No longer than 28 June 2022
Size of the first tranche buy-back programme: Up to 4,000,000 shares
From 16 March 2022 until 21 March 2022, Adevinta ASA has purchased a total of 940,300 own shares at the Oslo Stock Exchange at an average price of NOK 95.97 per share.
Aggregated overview of transactions per day:
Date | Aggregated volume (number of shares) |
Weighted average share price (NOK) |
Total transaction value (NOK) |
16 Mar 2022 | 265,000 | 94.0338 | 24,918,957 |
17 Mar 2022 | 272,000 | 97.5126 | 26,523,427 |
18 Mar 2022 | 277,000 | 96.6564 | 26,773,823 |
21 Mar 2022 | 126,300 | 95.1968 | 12,023,356 |
Previously disclosed buybacks under the programme (accumulated) |
3,059,700 | 90.5944 | 277,191,817 |
Total buybacks under the programme | 4,000,000 | 91.8578 | 367,431,380 |
The issuer’s holding of own shares:
Following the completion of the above transactions, Adevinta ASA owns a total of 4,654,736 own shares, corresponding to 0.38% of Adevinta ASA’s share capital.
Appendix:
An overview of all transactions made under the buy-back programme that have been carried out during the above-mentioned time period is attached to this report and available at www.newsweb.no and www.adevinta.com/ir.
This information is subject to the disclosure requirements pursuant to Section 5-12 the Norwegian Securities Trading Act
Attachment
