20.3.2023 22:10:14 CET | 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 14 March until 20 March 2023, Schibsted has purchased a total of 56,700 own A-shares at an average price of NOK 207.2694 per share, and a total of 69,300 own B-shares at an average price of NOK 193.3543 per share.
A-shares:
Date
Aggregated daily volume (number of shares)
Weighted average share price per day (NOK)
Total daily transaction value (NOK)
14 Mar 2023
8,100
207.1587
1,677,985
15 Mar 2023
8,100
207.7111
1,682,460
16 Mar 2023
8,100
205.4056
1,663,785
17 Mar 2023
21,600
208.8603
4,511,383
20 Mar 2023
10,800
205.2373
2,216,562
Total for period
56,700
207.2694
11,752,176
Previously disclosed
1,400,480
201.1655
281,728,297
Total for programme
1,457,180
201.4030
293,480,472
B-shares:
Date
Aggregated daily volume (number of shares)
Weighted average share price per day (NOK)
Total daily transaction value (NOK)
14 Mar 2023
9,900
192.9723
1,910,425
15 Mar 2023
9,900
192.3008
1,903,778
16 Mar 2023
9,900
192.0043
1,900,842
17 Mar 2023
26,400
195.1361
5,151,592
20 Mar 2023
13,200
191.8797
2,532,812
Total for period
69,300
193.3543
13,399,450
Previously disclosed
1,711,575
192.6644
329,759,516
Total for programme
1,780,875
192.6912
343,158,966
Following the transactions above, Schibsted has bought back a total of 3,238,055 shares with a transaction value of approx. NOK 636,639,438 under the buyback programme.
The issuer’s holding of own shares:Following the completion of the above transactions, Schibsted owns a total of 1,457,180 own A-shares, and a total of 2,271,654 own B-shares, corresponding to 1.59% 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, 20 March 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
20230320 SCHA trade details.pdf
20230320 SCHB trade details.pdf
