As announced onNovember 7, 2023 Kongsberg Automotive ASA (KA) has put in place a non-discretionary agreement withDanske Bank for the repurchase of up to 2.5% of its outstanding shares in the market. The share repurchases started onNovember 17, 2023 . Date Aggregated Daily Weighted Total Volume (# of Average Price Transaction Shares) (NOK) Value(NOK) January 16, 2024 295,403 1.84 543,866 January 17, 2024 304,597 1.81 553,270 January 18, 2024 300,000 1.83 548,790 January 19, 2024 300,000 1.88 564,270 January 22, 2024 300,000 1.91 572,520 Total Purchased 1,500,000 1.85 2,782,716 under the Program (between January 16, 2024 and January 22, 2024) Total Purchased 13,200,000 1.97 26,160,516 under the Program (as of January 22, 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 onNovember 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 13,200,000 own shares, corresponding to 1.39% of KA's share capital. As communicatedNovember 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 ofJanuary 29 . Investor Relations contact:Mads Langaard - Head of Investor Relations mads.langaard@ka-group.com +47 905 81 264 Media and communications contact: Therese Sjöborg Skurdal -Director Corporate Communications therese.skurdal@ka-group.com +47 982 14 059 AboutKongsberg 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/)
Click here for more information
© Oslo Bors ASA, source