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DNB - DNB ASA News Story

NOK179.35 -0.2  -0.1%

Last Trade - 12/05/21

Sector
Financials
Size
Large Cap
Market Cap £23.98bn
Enterprise Value £55.88bn
Revenue £5.01bn
Position in Universe 31st / 1832

BRIEF-DNB Increases The Size Of Its Share Buy-Back Programme

Wed 20th November, 2019 11:00am
Nov 20 (Reuters) - Dnb ASA  DNB.OL :
    * INCREASES THE SIZE OF ITS SHARE BUY-BACK PROGRAMME
    * AS OF TODAY, DNB ASA HAS PURCHASED APPROXIMATELY 78 PER CENT OF SHARES THAT IS COMPRISED
BY THIS
BUY-BACK PROGRAMME
    * UP TO APPROXIMATELY 10.4 MILLION OF SHARES WILL BE REPURCHASED IN OPEN MARKET.
    * BUY-BACK PROGRAMME WILL, AT LATEST, BE COMPLETED BY END OF MARCH 2020
    * HAS NOW DECIDED TO INCREASE NUMBER OF SHARES THAT CAN BE PURCHASED UNDER BUY-BACK
PROGRAMME,
THEREBY COMPRISING UP TO A TOTAL OF 1.0 PER CENT OF COMPANY'S SHARES, REPRESENTING A TOTAL OF 15
803 012 SHARES
    * IN ACCORDANCE WITH AUTHORIZATION FROM GENERAL MEETING, SHARES SHALL BE PURCHASED AT A
PRICE
BETWEEN NOK 10 AND NOK 250 PER SHARE
    * DNB ASA WILL SEEK APPROVAL FROM ANNUAL GENERAL MEETING IN 2020 FOR CANCELLATION OF
REPURCHASED
SHARES

Source text for Eikon:  ID:nObiM1Nyka 
Further company coverage:  DNB.OL 

 (Gdansk Newsroom)
 ((Gdansk.newsroom@thomsonreuters.com; +48 58 778 51 10;))
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