HNA/HNB Share buy back

Thu, Dec 07, 2006 07:36 CET Report this content

Hafslund ASA has the 6th of December bought 50 000 Hafslund shares of class B at a price of NOK 113,- per share.

After this transaction, Hafslund's balance of own shares is 37,184 Hafslund class A- shares and 298 970 Hafslund class B-shares.

The share buy back is made under the general power of attorney provided by the General Assembly to acquire Hafslund B shares equivalent to maximum 2% (3,904,469 shares) of the company's share capital. The power of attorney is effective until the ordinary General Meeting in 2007. The lowest remuneration that can be paid per B-share is NOK 10.-, while the highest remuneration that can be paid is NOK 300.- per share. The shares shall primarily be used in programs directed towards employees.

 

Hafslund ASA
Oslo, 7 December 2006