12/07-2018 16:49:49: (DNB) DNB ASA - Share buy-back transactions on 12 July 2018
DNB ASA has on 12 July 2018 purchased 300,000 own shares at an average price of
NOK 155.8438 per share. After this, DNB ASA owns a total of 4,413,000 own
shares, in addition to the shares that will be deleted upon completion of the
capital reduction resolved in connection with the share buy-back carried out
prior to the annual general meeting in 2018.
The repurchase of shares is part of the share buy-back programme announced by
DNB ASA on 6 June 2018. The share buy-back programme comprises up to
approximately 24.1 million shares, of which up to approximately 15.9 million
shares may be repurchased in the open market. The rest will be redeemed from the
state of Norway on a proportionate basis, subject to approval from DNB ASA's
annual general meeting in 2019, so that its current ownership interest of 34.00%
will remain unaffected following completion of the buy-back programme.
For further information about the share buy-back programme, DNB ASA refers to
the Oslo Stock Exchange notification made on 6 June 2018 (available from
Ekstern link: http://www.newsweb.no/index.jsp?messageId=455521
Nyheten er levert av OBI.