Our use of cookies

We use necessary cookies to make our site work. We’d also like to set optional analytics cookies to help us improve it. We won’t set optional cookies unless you enable them. Using this tool will set a cookie on your device to remember your preferences.

For more detailed information about the cookies we use, see our cookie policy.


Analytics cookies

We’d like to set Google Analytics cookies to help us to improve our website by collecting and reporting information on how you use it. The cookies collect information in a way that does not directly identify anyone.

:


Share this page on:

Share Repurchases

At the EGM held on 18 April 2023 authority was granted to the Board of Directors to repurchase up to 30,000,000 Common Shares of the Company (being approximately 10% of the issued Common Shares on that date) until 18 April 2025, and to cancel such purchased shares on or before 18 October 2025. For further details on this authority please refer to the minutes of the EGM held on 18 April 2023 here.

Share repurchase summary for 2024

No. of acquired shares Average price NOK Purchased value NOK USD equivalent(1)
- - - -

Share repurchase summary for prior years

Financial year No. of acquired shares Average price NOK Purchased value NOK USD equivalent(1)
Total for 2023 nil n.a. nil nil
Total for 2022 5,648,072 75.41 425,912,601 44,954,190
Total for 2021 2,724,172 66.1159 180,111,075 19,996,394
Total for 2020 1,627,968 56.38 91,783,055 9,809,944
Total for 2019 21,056,838  102.38  2,155,886,611  249,613,640 
Total for 2018 8,149,699 95.20 775,838,707 92,915,016
Total for 2017
nil n.a. nil nil
Total for 2016 nil n.a. nil nil
Total for 2015 815,578 71.3 58,154,555 7,554,183
Total for 2014 10,517,017 93.33 981,537,530 157,066,228
Total for 2013 4,650,376 118.46 550,886,258 91,161,116
Total for 2012 8,567,073 136.12 1,166,138,071 199,599,672
Total for 2011 2,512,135 130.94 328,929,223 59,966,609

Share repurchase programmes

Programme authorisation date No. of acquired shares Average price NOK Purchased value NOK USD equivalent(1)
25/07/2019(2) 10,000,212 69.78 697,806,731 74,132,471
27/02/2019(3) 16,515,838
104.49
1,725,701,507
199,837,742
31/07/2014(4) 17,963,355 88.58 1,591,230,676 199,706,552
07/10/2013(5) 10,710,315 112.54 1,205,371,477 198,796,173
16/03/2012(5) 8,567,073 136.12 1,166,138,071 199,599,672
15/06/2011(5) 2,512,135 130.94 328,929,223 59,966,609

[1] Calculated using the exchange rate prevailing on the date of repurchase

[2] The July 2019 programme is valid until 18 April 2025.

[3] The February 2019 programme was completed on 11 July 2019

[4] The 2014 programme validity was extended until July 2019 and was completed on 19 February 2019

[5] Programme was valid for twelve months from authorisation date