Selvaag Bolig ASA: Completed buyback of own shares for employee share purchase programmes

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As announced on 7 September 2021 Selvaag Bolig ASA has initiated repurchase of up to 200 000 shares for the company’s incentive programmes. The buyback has been completed.

From 21 September through 24 September the company bought 47 700 shares at an average price of NOK 54,37. See the attached documents for detailed information about the transactions made. The company has bought 200 000 shares since 7 September.  

The buyback is carried out in accordance with the EU Market Abuse Regulation and Safe Harbour Regulation. Daily purchases are limited to a maximum of 25 per cent of the average daily volume traded the last 20 days.

After these transactions, Selvaag Bolig owns 467 169 treasury shares.
 

Further information from:
Sverre Molvik, CEO, Selvaag Bolig ASA
Telephone: +47 40 10 05 85, e-mail: smo@selvaagbolig.no

Kristoffer Gregersen, executive vice president communications and strategy, Selvaag Bolig ASA
Telephone: +47 95 77 55 93, e-mail: kgr@selvaagbolig.no

 

Selvaag Bolig ASA is a residential property developer controlling the entire value chain from acquisition of land to sale of homes. The company has several thousand homes under development at any given time, and focuses on the growth areas in and around Greater Oslo, Bergen, Stavanger, Trondheim and Stockholm. Selvaag Bolig represents a continuation of Selvaag's 70-year history and experience. The company is headquartered at Ullern in Oslo.

www.selvaagboligasa.no/en

 

This release was distributed by Kristoffer Gregersen, executive vice president communications and strategy Selvaag Bolig ASA.

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

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