Adevinta ASA (ADE) - Repurchase of shares by Adevinta ASA
Oslo, 4 October 2022 - Please see below information about transactions made under the buy-back programme for Adevinta ASA.
Date on which the second tranche buy-back programme was announced: 6 April 2022
Date on which the second tranche buy-back programme was resumed: 30 August 2022
Duration of the second tranche buy-back programme: no longer than 30 June 2023
Remaining size of the second tranche buy-back programme: up to 1,778,756 shares (full size announced in April 2022 - up to 6,000,000 shares)
From 26 September 2022 until 3 October 2022, Adevinta ASA has purchased a total of 309,563 own shares at the Oslo Stock Exchange at an average price of NOK 64.49 per share.
Aggregated overview of transactions per day:
Date | Aggregated volume | Weighted average | Total transaction |
26 Sep 2022 | 51,570 | 64.7172 | 3,337,466 |
27 Sep 2022 | 52,542 | 63.7928 | 3,351,801 |
28 Sep 2022 | 50,451 | 63.7626 | 3,216,887 |
29 Sep 2022 | 49,935 | 64.5594 | 3,223,774 |
30 Sep 2022 | 50,881 | 65.0425 | 3,309,427 |
3 Oct 2022 | 54,184 | 65.0645 | 3,525,455 |
Previously disclosed buybacks | 5,025,804 | 70.8722 | 356,189,638 |
Total buybacks under the 2nd tranche programme | 5,335,367 | 70.5021 | 376,154,448 |
The issuer’s holding of own shares:
Following the completion of the above transactions, Adevinta ASA owns a total of 8,754,002 own shares, corresponding to 0.71% of Adevinta ASA’s share capital.
Appendix:
An overview of all transactions made under the second tranche of the buy-back programme that have been carried out during the above-mentioned time period is attached to this report and available at www.newsweb.no and www.adevinta.com/ir.
This information is subject to the disclosure requirements pursuant to Section 5-12 the Norwegian Securities Trading Act
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