Schibsted ASA has on 28 November 2018 through a trader bought 10,000 own B-shares at a price of NOK 274,7167 per share. The buyback is conducted in accordance with the authorization provided by the Annual General Meeting to the Board of Directors on 3 May 2018. The purpose of the buyback is to increase the number of treasury shares available for use in connection with Schibsted’s ordinary stock- and incentive program for own employees.
After the transaction Schibsted ASA holds 256,227 treasury A-shares and 92,644 treasury B-shares.
Oslo, 29 November 2018
Jo Christian Steigedal
VP Investor Relations