Selvaag Bolig ASA: Status for buyback of own shares for employee share purchase programmes
As announced 6 December 2021 Selvaag Bolig ASA has initiated repurchase of up to 500 000 shares for the company’s incentive programmes.
From 28 December 2021 through 3 January 2022 the company bought 66 095 shares at an average price of NOK 51.85. See the attached documents for detailed information about the transactions made.
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.
Following these transactions, Selvaag Bolig holds 364 832 treasury shares.
Further information from
Sverre Molvik, CEO, Selvaag Bolig ASA
Telephone: +47 401 00 585, e-mail: smo@selvaagbolig.no
Kristoffer Gregersen, EVP communications, sustainability and corporate strategy, Selvaag Bolig ASA
Telephone: +47 957 75 593, 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, and offers a broad variety of property types. The company is headquartered at Ullern in Oslo.
This release was distributed by Kristoffer Gregersen, EVP communications and sustainability, Selvaag Bolig ASA.
This information is subject to the disclosure requirements pursuant to §5-12 of the Norwegian Securities Trading Act and requirements under the EU Market Abuse Regulation.