27.3.2023 21:38:46 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 21 March until 27 March 2023, Schibsted has purchased a total of 40,500 own A-shares at an average price of NOK 207.1778 per share, and a total of 49,500 own B-shares at an average price of NOK 195.0584 per share.
A-shares:
Date
Aggregated daily volume (number of shares)
Weighted average share price per day (NOK)
Total daily transaction value (NOK)
21 Mar 2023
8,100
211.8322
1,715,841
22 Mar 2023
24,300
207.4000
5,039,820
23 Mar 2023
0
24 Mar 2023
0
27 Mar 2023
8,100
201.8570
1,635,042
Total for period
40,500
207.1778
8,390,702
Previously disclosed
1,457,180
201.4030
293,480,472
Total for programme
1,497,680
201.5592
301,871,175
B-shares:
Date
Aggregated daily volume (number of shares)
Weighted average share price per day (NOK)
Total daily transaction value (NOK)
21 Mar 2023
9,900
197.4054
1,954,313
22 Mar 2023
9,900
194.4256
1,924,814
23 Mar 2023
9,900
199.1071
1,971,160
24 Mar 2023
9,900
193.4207
1,914,865
27 Mar 2023
9,900
190.9333
1,890,239
Total for period
49,500
195.0584
9,655,391
Previously disclosed
1,780,875
192.6912
343,158,966
Total for programme
1,830,375
192.7552
352,814,357
Following the transactions above, Schibsted has bought back a total of 3,328,834 shares with a transaction value of approx. NOK 654,685,532 under the buyback programme.
The issuer’s holding of own shares:Following the completion of the above transactions, Schibsted owns a total of 1,497,680 own A-shares, and a total of 2,321,154 own B-shares, corresponding to 1.63% 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, 27 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
20230327 SCHA Trade Details.pdf
20230327 SCHB Trade Details.pdf
