5.6.2023 21:46:07 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 31 May until 05 June 2023, Schibsted has purchased a total of 89,100 own A-shares at an average price of NOK 212.0133 per share, and a total of 108,900 own B-shares at an average price of NOK 200.7829 per share.
A-shares:
Date
Aggregated daily volume (number of shares)
Weighted average share price per day (NOK)
Total daily transaction value (NOK)
31 May 2023
16,200
208.3496
3,375,264
01 Jun 2023
24,300
212.5975
5,166,119
02 Jun 2023
24,300
216.0251
5,249,410
05 Jun 2023
24,300
209.8599
5,099,595
Total for period
89,100
212.0133
18,890,388
Previously disclosed
2,167,280
197.8540
428,805,085
Total for programme
2,256,380
198.4132
447,695,473
B-shares:
Date
Aggregated daily volume (number of shares)
Weighted average share price per day (NOK)
Total daily transaction value (NOK)
31 May 2023
19,800
197.2677
3,905,901
01 Jun 2023
29,700
202.0410
6,000,618
02 Jun 2023
29,700
205.6268
6,107,116
05 Jun 2023
29,700
197.0244
5,851,625
Total for period
108,900
200.7829
21,865,261
Previously disclosed
2,648,775
187.9865
497,934,065
Total for programme
2,757,675
188.4919
519,799,326
Following the transactions above, Schibsted has bought back a total of 5,014,055 shares with a transaction value of approx. NOK 967,494,799 under the buyback programme.
The issuer’s holding of own shares:Following the completion of the above transactions, Schibsted owns a total of 2,256,380 own A-shares, and a total of 3,200,216 own B-shares, corresponding to 2.33% 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, 05 June 2023SCHIBSTED ASA
Disclosure regulation
This information is subject to the disclosure requirements pursuant to Section 5-12 of the Norwegian Securities Trading Act.
Contacts
Malin Ebenfelt, 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
20230605 SCHA Trade details.pdf
20230605 SCHB Trade details.pdf
