Transaction in Own Shares • Feb 19, 2024
Transaction in Own Shares
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Transactions carried out under Kongsberg Automotive's share buy-back program
As announced on November 7, 2023 Kongsberg Automotive ASA (KA) has put in place
a non-discretionary agreement with Danske Bank for the repurchase of up to 2.5%
of its outstanding shares in the market. The share repurchases started on
November 17, 2023.
Date Aggregated Daily Weighted Total
Volume (# of Average Price Transaction
Shares) (NOK) Value(NOK)
February 13, 2024 300,000 1.81 543,480
February 14, 2024 300,000 1.78 533,070
February 15, 2024 300,000 1.80 538,500
February 16, 2024 275,603 1.81 498,456
February 19, 2024 324,397 1.79 580,898
Total Purchased 1,500,000 1.79 2,694,403
under the Program
(between February
13, 2024 and
February
19, 2024)
Total Purchased 19,200,000 1.93 36,993,266
under the Program
(as of
February 19, 2024)
See the attached document for information about the individual transaction made
under the buy-back program.
For further information regarding the share buy-back program, please see the
stock exchange notification published on November 15, 2023.
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 Harbor Regulation).
After the above-mentioned transactions KA owns a total of 19,200,000 own shares,
corresponding to 2.02% of KA's share capital.
As communicated November 15, KA will publicly announce information about the
transactions relating to the buy-back program, in a detailed form and in an
aggregated form, no later than by the end of the seventh trading day following
the date of the execution of such transactions. The aggregated form will
indicate the aggregated volume and the weighted average price per day and per
trading venue. The information will also be posted on the KA's website. The next
announcement will be made after the trading day of February 26.
Investor Relations contact:
Mads Langaard - Head of Investor Relations
+47 905 81 264
Media and communications contact:
Therese Sjöborg Skurdal - Director Corporate Communications
+47 982 14 059
About Kongsberg 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/)
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