Elkem ASA - Initiation of a share buyback
Oslo, 16 March 2021 Elkem ASA ("Elkem" or the "Company") has decided to initiate a buyback of up to 1 million of its own shares. The shares will be used as settlement in the Company's share-based incentive scheme. The buybacks will be made in accordance with the authorisation granted to the board of directors by the Company's annual general meeting held on 8 May 2020. According to the authorisation, shares up to 10% of the share capital may be purchased at a minimum of NOK 1 and a maximum of NOK 150 per share. The authorisation is valid until the annual general meeting on 27 April