Repurchase of own shares

Schibsted ASA (SCHA/SCHB) , Published 12/06/2023 20:53:39

Please see below information about transactions made under the buyback programme announced on 09 December 2022.

Date on which the repurchase programme was announced: 09 December 2022
The duration of the repurchase programme: The buyback programme will end no later than 30 September 2023
Size of the repurchase programme: Up to 4% of issued shares (total issued shares are approx. 234.3 million) with a maximum value of NOK 1.7 billion

For the period 06 June until 12 June 2023, Schibsted has purchased a total of 118,800 own A-shares at an average price of NOK 203.2156 per share, and a total of 145,200 own B-shares at an average price of NOK 191.7473 per share.

A-shares:

Date

Aggregated daily volume (number of shares)

Weighted average share price per day (NOK)

Total daily transaction value (NOK)

06 Jun 2023

24,300

204.6483

4,972,953

07 Jun 2023

24,300

207.8823

5,051,539

08 Jun 2023

37,300

206.2400

7,692,753

09 Jun 2023

16,700

194.8358

3,253,759

12 Jun 2023

16,200

195.7411

3,171,006

Total for period

118,800

203.2156

24,142,009

Previously disclosed

2,256,380

198.4132

447,695,473

Total for programme

2,375,180

198.6534

471,837,482

B-shares:

Date

Aggregated daily volume (number of shares)

Weighted average share price per day (NOK)

Total daily transaction value (NOK)

06 Jun 2023

29,700

193.6564

5,751,595

07 Jun 2023

29,700

198.2409

5,887,754

08 Jun 2023

32,200

194.2826

6,255,899

09 Jun 2023

33,800

185.2212

6,260,478

12 Jun 2023

19,800

186.1606

3,685,980

Total for period

145,200

191.7473

27,841,706

Previously disclosed

2,757,675

188.4919

519,799,326

Total for programme

2,902,875

188.6547

547,641,032

Following the transactions above, Schibsted has bought back a total of 5,278,055 shares with a transaction value of approx. NOK 1,019,478,514 under the buyback programme.

The issuer’s holding of own shares:
Following the completion of the above transactions, Schibsted owns a total of 2,375,180 own A-shares, and a total of 3,345,416 own B-shares, corresponding to 2.44% of total issued shares in Schibsted.

Appendix:
A detailed overview of all transactions made under the buyback programme that have been carried out during the above-mentioned time period is attached to this notice and available at www.newsweb.no.

Oslo, 12 June 2023
SCHIBSTED ASA

Disclosure regulation

This information is subject to the disclosure requirements pursuant to Section 5-12 of the Norwegian Securities Trading Act.

Contacts

About Schibsted

Schibsted is a family of digital brands with a strong Nordic position, and more than 5,000 employees. Millions of people enjoy interacting with our companies every day through our online marketplaces such as FINN, Blocket and Oikotie; our media houses including Aftenposten, VG and Aftonbladet; and digital services like Lendo. We also help new promising businesses grow. Our joint mission of empowering people in their daily lives is rooted in the values of our media heritage and a legacy of bold change. At our best, we are a fearless force for change in a society built on trust and transparency. 

Schibsted is listed on Oslo Børs and has a sizable investment in Adevinta, a company that was spun off and publicly listed as a separate company on Oslo Børs in 2019.

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