Kongsberg Automotive to initiate a share repurchase program as announced during Q3 2023
NOT FOR DISTRIBUTION OR RELEASE, DIRECTLY OR INDIRECTLY, IN OR INTO THE UNITED STATES OR ANY OTHER JURISDICTION IN WHICH THE DISTRIBUTION OR RELEASE WOULD BE UNLAWFUL OR REQUIRE REGISTRATION OR OTHER MEASURES. Zurich, November 15, 2023: The Board of Directors of Kongsberg Automotive ASA (KA) has resolved to initiate the share purchase program as announced during the Q3 Earnings Call on November 7, 2023. The company will buy up to 2.5% of its outstanding shares in the open market limited to a maximum total consideration of up to EUR 4.2 million starting on November 15, 2023. The share