Elkem ASA - Buyback of shares – programme completed
Oslo, 3 September 2021
Please see below information about transactions made under the share buyback programme for Elkem ASA.
- Date on which the buyback programme was announced: 20 July 2021
- The duration of the buyback programme: 20 July 2021 to 3 September 2021
- Size of the buyback programme: Up to 10,000,000 shares
From 28 August 2021 until 3 September 2021, Elkem ASA has purchased a total of 1,133,262 own shares at the Oslo Stock Exchange at an average price of NOK 37.7416 per share.
The buyback programme has now been completed.
Aggregated overview of transactions per day:
| Date | Aggregated volume(number of shares) | Weighted average share price (NOK) | Total transaction value (NOK) |
| 30 August 2021 | 225,000 | 37.0989 | 8,347,252.50 |
| 31 August 2021 | 225,000 | 37.7336 | 8,490,060.00 |
| 1 September 2021 | 225,000 | 37.6656 | 8,474,760.00 |
| 2 September 2021 | 225,000 | 38.0284 | 8,556,390.00 |
| 3 September 2021 | 233,262 | 38.1658 | 8,902,630.84 |
| Previously disclosed buybacks under the programme (accumulated) | 8,866,738 | 33.5927 | 297,857,776.21 |
| Total buybacks under the programme | 10,000,000 | 34.0629 | 340,628,869.55 |
Following the completion of the above transactions and taking into account the sale of 2,329,984 shares under the option programme as announced on 31 August 2021, Elkem ASA owns a total of 8,207,516 own shares, corresponding to 1.28% of Elkem ASA's share capital.
This is information that Elkem ASA is obliged to make public pursuant to the EU Market Abuse Regulation and subject to the disclosure requirements pursuant to Section 5-12 the Norwegian Securities Trading Act.
Appendix: A detailed overview of all transactions made under the buyback programme that have been carried out during the above-mentioned time period is attached to this report and available at www.newsweb.no.
For further information, please contact:
Odd-Geir Lyngstad
VP Finance and Investor Relations
Tel: +47 976 72 806
Email: odd-geir.lyngstad@elkem.no
About Elkem
Elkem is one of the world’s leading providers of advanced material solutions shaping a better and more sustainable future. The company develops silicones, silicon products and carbon solutions by combining natural raw materials, renewable energy and human ingenuity. Elkem helps its customers create and improve essential innovations like electric mobility, digital communications, health and personal care as well as smarter and more sustainable cities. With a strong track record since 1904, its global team of more than 6,800 people has a joint commitment to stakeholders: Delivering your potential. In 2020, Elkem was rated among the world’s top 5% on climate and achieved an operating income of NOK 24.7 billion. Elkem is listed on the Oslo Stock Exchange (ticker: ELK). www.elkem.com