ABL Group ASA: Transactions made under share buyback program
ABL Group ASA (“ABL Group” or the “Company”) (OSE: ABL) initiated a share buyback program 19 November 2024 to repurchase up to 250,000 of the Company’s common shares in open market transactions on the OSE until the date the maximum number of shares have been repurchased. The repurchase will be conducted in the period from 19 November 2024 to 20 December 2024 or until the maximum number of shares have been repurchased.
For the period from and including 25 November through 29 November 2024, ABL Group purchased a total of 55,850 shares at an average price of NOK 9.58 per share. The transactions effected through the agreement with Arctic comprise all the transactions effected by or on behalf of ABL Group during the period.
Transaction overview:
| Date | Aggregated daily volume (# of shares) | Weighted average price (NOK) | Total daily transaction value (NOK) |
|---|---|---|---|
| 25.11.2024 | 16 250 | 9.38 | 152 120 |
| 26.11.2024 | 5 100 | 9.40 | 47 946 |
| 27.11.2024 | 15 400 | 9.53 | 146 740 |
| 28.11.2024 | 6 050 | 9.64 | 58 295 |
| 29.11.2024 | 13 050 | 9.96 | 130 041 |
| Total earlier announced buy-back under the program | 39 600 | 9.34 | 369 697 |
| Program total | 95 450 | 9.48 | 904 838 |
The issuer’s holding of own shares: 141,663
Following the completion of the above transactions, ABL Group owned a total of 141,663 of its own shares, corresponding to 0.11% of ABL Group’s share capital.
Appendix:
An overview of all transactions made under the Company’s buyback program and its agreement with Arctic Securities that have been carried out during the above-mentioned time period is attached to this report and available at www.newsweb.no.