Selvaag Bolig ASA: Status for buyback of own shares for employee share purchase programmes
As announced on 7 September 2021 Selvaag Bolig ASA has initiated repurchase of up to 200 000 shares for the company’s incentive programmes.
From 14 September through 20 September the company bought 67 344 shares at an average price of NOK 56,51. See the attached documents for detailed information about the transactions made. The company has bought 152 300 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 419 469 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.
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.