Transaction in Own Shares • Aug 29, 2024
Transaction in Own Shares
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ELOPAK ASA: Launch of share buy-back programme
Oslo, August 29, 2024: Elopak ASA (the "Company") has resolved to launch a buy-back programme for the repurchase of up to 500,000 shares for a maximum aggregate amount of NOK 25,000,000. The buy-back will be conducted during the period from August 29, 2024 to and including September 30, 2024.
The buy-back will be conducted in accordance with the authorization given by the Company's ordinary general meeting on May 13, 2024.
The shares acquired under the share buy-back programme will be used to meet the Company's obligations towards employees who participate in the Company's long-term incentive plan.
Shares will be purchased on the Oslo Stock Exchange based on prevailing market prices, to be conducted in accordance with applicable safe harbour conditions.
The share buy-back program will be managed by DNB Markets, which will make its trading decisions regarding the timing of the share repurchases independently of, and without influence by, the Company.
This information is subject to disclosure under the Securities Trading Act section 5-12.
Contact:
Christian Gjerde, Head of Treasury and Investor Relations
E-mail: [email protected]
Tel: +47 980 60 909
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