Please see below information about transactions made under the buyback programme, announced on 09 December 2022, which is now completed.
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 19 until 27 September 2023, Schibsted has purchased a total of 102,169 own A-shares at an average price of NOK 226.7856 per share, and a total of 126,096 own B-shares at an average price of NOK 209.7894 per share.
A-shares:
|
Date |
Aggregated daily volume (number of shares) |
Weighted average share price per day (NOK) |
Total daily transaction value (NOK) |
|
19 Sep 2023 |
16,200 |
210.6177 |
3,412,007 |
|
20 Sep 2023 |
21,600 |
213.7157 |
4,616,259 |
|
21 Sep 2023 |
24,300 |
217.9437 |
5,296,032 |
|
22 Sep 2023 |
9,800 |
246.2349 |
2,413,102 |
|
25 Sep 2023 |
13,500 |
248.0743 |
3,349,003 |
|
26 Sep 2023 |
10,800 |
241.8829 |
2,612,335 |
|
27 Sep 2023 |
5,969 |
246.5602 |
1,471,718 |
|
Total for period |
102,169 |
226.7856 |
23,170,455 |
|
Previously disclosed |
3,819,457 |
200.8708 |
767,217,263 |
|
Total for programme |
3,921,626 |
201.5459 |
790,387,718 |
B-shares:
|
Date |
Aggregated daily volume (number of shares) |
Weighted average share price per day (NOK) |
Total daily transaction value (NOK) |
|
19 Sep 2023 |
19,800 |
194.7463 |
3,855,976 |
|
20 Sep 2023 |
26,400 |
196.9903 |
5,200,544 |
|
21 Sep 2023 |
29,700 |
200.7317 |
5,961,730 |
|
22 Sep 2023 |
13,200 |
227.6394 |
3,004,840 |
|
25 Sep 2023 |
16,500 |
230.6076 |
3,805,025 |
|
26 Sep 2023 |
13,200 |
224.0600 |
2,957,592 |
|
27 Sep 2023 |
7,296 |
228.6046 |
1,667,899 |
|
Total for period |
126,096 |
209.7894 |
26,453,607 |
|
Previously disclosed |
4,667,836 |
189.2004 |
883,156,416 |
|
Total for programme |
4,793,932 |
189.7420 |
909,610,023 |
Following the transactions above, Schibsted has bought back a total of 8,715,558 shares with a transaction value of approx. NOK 1,699,997,741 under the buyback programme.
The issuer’s holding of own shares:
Following the completion of the above transactions, Schibsted owns a total of 3,921,626 own A-shares, and a total of 5,174,889 own B-shares, corresponding to 3.88% 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, 27 September 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
- Malin Ebenfelt, Investor Relations Officer, +47 916 86 710, ir@schibsted.com
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.