Oslo, 26 March 2024 \u2013 ABL Group ASA (\u201cABL Group\u201d or the \u201cCompany\u201d) (OSE: ABL) initiated a share buyback program on 20 March 2024 to repurchase up to 250,000 of the Company\u2019s common shares in open market transactions on the OSE until the date the maximum number of shares have been repurchased. If the buyback is not completed before the 2024 Annual General Meeting (expected on or about 29 May 2024), the buyback shall be temporarily paused and may later continue, subject to the Board\u2019s renewed approval, in accordance with a new authorization to repurchase shares expected to be granted to the Board of Directors by the 2024 Annual General Meeting.<\/p>\n\n\n\n
For the period from and including 20 March through 22 March 2024, ABL Group purchased a total of 27,400 shares at an average price of NOK 12.18 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.<\/p>\n\n\n\n
Transaction overview:<\/strong><\/p>\n\n\n\n The issuer’s holding of own shares: 27,400<\/strong> Appendix:<\/strong> <\/p>\n\n\n\nDate<\/strong><\/td> Aggregated daily volume (# of shares)<\/strong><\/td> Weighted average price (NOK)<\/strong><\/td> Total daily transaction value (NOK)<\/strong><\/td><\/tr> 20.03.2024<\/td> 10 900<\/td> 12.30<\/td> 134 084<\/td><\/tr> 21.03.2024<\/td> 6 000<\/td> 12.24<\/td> 73 410<\/td><\/tr> 22.03.2024<\/td> 10 500<\/td> 12.02<\/td> 126 250<\/td><\/tr> Period total<\/td> 27 400<\/td> 12.18<\/td> 333 744<\/td><\/tr> Total earlier announced buy-back under the program<\/td> 0<\/td> 0<\/td> 0<\/td><\/tr> Program total<\/td> 27 400<\/td> 12.18<\/td> 333 744<\/td><\/tr><\/tbody><\/table><\/figure>\n\n\n\n
Following the completion of the above transactions, ABL Group owned a total of 27,400 of its own shares, corresponding to 0.02% of ABL Group’s share capital.<\/p>\n\n\n\n
An overview of all transactions made under the Company\u2019s buyback program and its agreement with Arctic Securities that have been carried out during the above-mentioned time period is attached to this report<\/a> and available at www.newsweb.no<\/a>.<\/p>\n\n\n\n