Elopak ASA: Launch of share buy-back programme
Elopak ASA (the "Company”) has resolved to launch a buy-back programme for the repurchase of up to 360,000 shares for a maximum aggregate amount of NOK 18,000,000. The buy-back will be conducted during the period from September 15, 2025, to and including September 30, 2025.
The buy-back will be conducted in accordance with the authorization given by the Company's ordinary general meeting on May 14, 2025.
The shares acquired under the share buy-back programme will be used to meet the Company's obligations towards employees who participate in the Company's long-term incentive plan.
Shares will be purchased on the Oslo Stock Exchange based on prevailing market prices, to be conducted in accordance with applicable safe harbor conditions.
The share buy-back program will be managed by DNB Carnegie, which will make its trading decisions regarding the timing of the share repurchases independently of, and without influence by, the Company.