Share buyback

24 Aug, 2012 07:00 CET

Telenor has on 23 August 2012 purchased 163,840 own 
shares at an average price of NOK 102.76 per share. 
After this transaction, Telenor owns a total of 
3,239,814 own shares. 

The transaction is part of the share buyback programme 
announced by Telenor Group on 24 July 2012. The buyback 
programme comprises around 47 million shares, of which 
close to half will be repurchased in the market. The 
rest will be purchased from the Kingdom of Norway 
through the Ministry of Trade and Industry on a 
proportionate basis, so that the Ministry's current 
ownership interest in Telenor of 53.97% will remain 
unaffected.

For further information about the share buyback 
programme Telenor refers to the Oslo Stock Exchange 
notification made on 24 July 2012 (available from 
www.newsweb.no).