Brief: Pexip Holding Initiate Share Buyback Program

Pexip Holding ASA

31/05/2021 07:06

May 31 (Reuters) - Pexip Holding ASA  PEXIP.OL :
    * INITIATION OF SHARE BUYBACK PROGRAM
    * HAS DECIDED TO INITIATE A BUYBACK OF ITS OWN SHARES IN
MARKET
FOR A TOTAL AMOUNT OF NOK 88 MILLION.
    * WILL USE SHARES ACQUIRED IN THIS BUYBACK PROGRAM TO FULFIL
ITS
OBLIGATIONS IN FUTURE SHARE OPTION EXERCISES.
    * ACCORDING TO AUTHORIZATION BOARD IS AUTHORIZED TO ACQUIRE
SHARES
IN COMPANY ON BEHALF OF COMPANY WITH AN AGGREGATE NOMINAL VALUE
OF UP TO NOK 155,700
    * PROGRAM WILL BE INITIATED JUNE 1, 2021 AND END EARLIER OF
SUCH
TIME AS BUYBACK HAS BEEN COMPLETED AND JUNE 29, 2021
    * UNDER AUTHORIZATION FROM AGM, CONSIDERATION PER SHARE MAY
NOT BE
LESS THAN NOK 1 AND MAY NOT EXCEED NOK 200

Source text for Eikon:  ID:nObibmHyla 
Further company coverage:  PEXIP.OL 

 (Gdansk Newsroom)
 ((gdansk.newsroom@thomsonreuters.com; +48 58 7696600;))