Aker Solutions ASA: Buy-Back of Own Shares

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May 25, 2021 – Aker Solutions ASA ("Aker Solutions") has completed buy-back of own shares for use in two incentive programs established for executives and senior managers of Kværner ASA.

DNB, acting under an irrevocable mandate from Aker Solutions, has acquired a total of 572,919 shares. The shares were purchased at an average price of NOK 14.5107 per share, as follows:

  • May 21, 2021: 250,000 shares at a weighted average price of NOK 14.1921
  • May 25, 2021: 322,919 shares at a weighted average price of NOK 14.7573

A detailed overview of the transactions is attached. Following these transactions, Aker Solutions has a holding of 1,208,306 own shares.

With reference to the stock exchange announcements by Aker Solutions on May 6, 2021 and May 20, 2021, DNB has acquired a total of 1,572,919 shares and consequently completed the buy-back under the mandate.

ENDS

Media Contact:
Torbjørn Andersen, mob: +47 928 85 542, email: torbjorn.andersen@akersolutions.com

Investor Contact:
Fredrik Berge, mob: +47 450 32 090, email: fredrik.berge@akersolutions.com

Aker Solutions delivers integrated solutions, products and services to the global energy industry. We enable low-carbon oil and gas production and develop renewable solutions to meet future energy needs. By combining innovative digital solutions and predictable project execution we accelerate the transition to sustainable energy production. Aker Solutions employs approximately 14,000 people in more than 20 countries.

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This press release may include forward-looking information or statements and is subject to our disclaimer, see https://akersolutions.com

This information is subject of the disclosure requirements pursuant to section 5-12 of the Norwegian Securities Trading Act.