Kitron ASA has initiated a share buyback program of up to 10,000 of its own shares for a total maximum amount of NOK 950,000. The buyback, which may run from this announcement until 18 September 2026, is intended to acquire shares used as part of the remuneration to the board members for the period from and including April 2026 to and including April 2027, as resolved by the annual general meeting on 24 April 2026. The Company has engaged Norne Securities AS to carry out the repurchases on Euronext Oslo Børs, under the authorisation granted by the annual general meeting held on 24 April 2026, which permits up to 4,374,050 shares to be purchased at a minimum of NOK 1 and a maximum of the prevailing market price per share on the day the offer is made, provided the maximum amount does not exceed NOK 200 per share. That authorisation is valid until the annual general meeting in 2027, however no later than 30 June 2027. Kitron does not hold any own shares in the Company as of the date of this announcement, and the program may be discontinued at any time or terminated before the threshold is reached.
Kitron ASAKitron launches a share buyback program of up to 10,000 own shares for NOK 950,000 to fund board remuneration.
Berner Kantonalbank AG