NRC Group ASA initiates share buyback program

NRC Group ASA (the “Company”) has decided to initiate a share buyback program for up to NOK 5 million in the market, covering a maximum number of 1,250,000 shares.

The buyback program will be conducted in accordance with the authorization provided by the Annual General Meeting to the Board of Directors on 8 May 2024.

The shares purchased under this program will be used in connection with the Company’s employee share program.

The Company has engaged Danske Bank, Norwegian Branch to carry out the share buyback program on behalf of the Company.

The shares will be purchased from the open market, in line with applicable restrictions, relevant guidelines and in accordance with the principles on price and volume limitations as set out in the EU Safe Harbour Regulation. The share buy-back program will commence today and will continue until 20 December 2024.

The execution of any repurchases will depend on market conditions, the buyback program may be discontinued at any time and the Company may resolve to terminate the buyback program before the thresholds set out above are reached. Further announcements will be made if and when appropriate.

For further information, please contact: CFO Åsgeir Nord, telephone: +47 957 34 985.

This is information that NRC Group 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.