24.4.2023 22:26:36 CEST | Schibsted | Acquisition or disposal of the issuer's own shares
Please see below information about transactions made under the buyback programme announced on 09 December 2022.
Date on which the repurchase programme was announced: 09 December 2022The duration of the repurchase programme: The buyback programme will end no later than 30 September 2023Size of the repurchase programme: Up to 4% of issued shares (total issued shares are approx. 234.3 million) with a maximum value of NOK 1.7 billion
For the period 18 April until 24 April 2023, Schibsted has purchased a total of 94,500 own A-shares at an average price of NOK 184.9603 per share, and a total of 115,500 own B-shares at an average price of NOK 172.2391 per share.
A-shares:
Date
Aggregated daily volume (number of shares)
Weighted average share price per day (NOK)
Total daily transaction value (NOK)
18 Apr 2023
8,100
185.4732
1,502,333
19 Apr 2023
16,200
185.4070
3,003,593
20 Apr 2023
16,200
186.5335
3,021,843
21 Apr 2023
24,300
184.5101
4,483,594
24 Apr 2023
29,700
184.0871
5,467,387
Total for period
94,500
184.9603
17,478,751
Previously disclosed
1,783,880
198.0744
353,341,024
Total for programme
1,878,380
197.4147
370,819,775
B-shares:
Date
Aggregated daily volume (number of shares)
Weighted average share price per day (NOK)
Total daily transaction value (NOK)
18 Apr 2023
9,900
173.1420
1,714,106
19 Apr 2023
19,800
172.9554
3,424,517
20 Apr 2023
19,800
174.0667
3,446,520
21 Apr 2023
29,700
172.1965
5,114,236
24 Apr 2023
36,300
170.6401
6,194,235
Total for period
115,500
172.2391
19,893,615
Previously disclosed
2,180,175
188.9454
411,934,062
Total for programme
2,295,675
188.1049
431,827,677
Following the transactions above, Schibsted has bought back a total of 4,174,055 shares with a transaction value of approx. NOK 802,647,452 under the buyback programme.
The issuer’s holding of own shares:Following the completion of the above transactions, Schibsted owns a total of 1,878,380 own A-shares, and a total of 2,786,454 own B-shares, corresponding to 1.99% of total issued shares in Schibsted.
Appendix:A detailed overview of all transactions made under the buyback programme that have been carried out during the above-mentioned time period is attached to this notice and available at www.newsweb.no.
Oslo, 24 April 2023SCHIBSTED ASA
Disclosure regulation
This information is subject to the disclosure requirements pursuant to Section 5-12 of the Norwegian Securities Trading Act.
Contacts
Jann-Boje Meinecke, VP, Head of Investor Relations, +47 941 00 835, jbm@schibsted.com
Malin Langtvet, Investor Relations Officer, +47 916 86 710, ir@schibsted.com
About Schibsted
Schibsted is a family of digital brands with a strong Nordic position, and more than 5,000 employees. Millions of people enjoy interacting with our companies every day through our online marketplaces such as FINN, Blocket and Oikotie; our media houses including Aftenposten, VG and Aftonbladet; and digital services like Lendo. We also help new promising businesses grow. Our joint mission of empowering people in their daily lives is rooted in the values of our media heritage and a legacy of bold change. At our best, we are a fearless force for change in a society built on trust and transparency.
Schibsted is listed on Oslo Børs and has a sizable investment in Adevinta, a company that was spun off and publicly listed as a separate company on Oslo Børs in 2019.
Attachments
Download announcement as PDF.pdf
20230424 SCHA Trade details.pdf
20230424 SCHB Trade details.pdf
