Schibsted ASA (SCHA/SCHB) - Repurchase of own shares
Please see below information about transactions made under the buyback programme announced on 9 September 2024.
Date on which the repurchase programme was announced: 9 September 2024
The duration of the repurchase programme: The buyback programme is planned to be finalised within 2 May 2025.
Size of the repurchase programme: The purchases will be split 50/50 in nominal terms between A and B shares, buying up to NOK 1 billion for each of the share classes.
For the period 1 until 7 October 2024, Schibsted has purchased a total of 124,500 own A-shares at an average price of NOK 330.1396 per share, and a total of 134,500 own B-shares at an average price of NOK 309.2140 per share.
A-shares:
Date | Trading Venue | Aggregated daily volume (number of shares) | Weighted average share price per day (NOK) | Total daily transaction value (NOK) |
1 Oct 2024 | Oslo Børs | 12,875 | 340.8322 | 4,388,215 |
| CBOE | 2,662 | 340.6624 | 906,843 |
| Aquis | 1,184 | 341.1718 | 403,947 |
| Turquoise | 1,279 | 340.2793 | 435,217 |
2 Oct 2024 | Oslo Børs | 14,389 | 333.0799 | 4,792,687 |
| CBOE | 5,147 | 333.0182 | 1,714,045 |
| Aquis | 1,031 | 333.5550 | 343,895 |
| Turquoise | 1,433 | 335.9747 | 481,452 |
3 Oct 2024 | Oslo Børs | 16,289 | 330.5055 | 5,383,604 |
| CBOE | 6,067 | 330.3727 | 2,004,371 |
| Aquis | 1,175 | 329.1089 | 386,703 |
| Turquoise | 1,469 | 332.0894 | 487,839 |
4 Oct 2024 | Oslo Børs | 20,459 | 326.7631 | 6,685,246 |
| CBOE | 6,546 | 326.7925 | 2,139,184 |
| Aquis | 1,015 | 326.8967 | 331,800 |
| Turquoise | 1,480 | 327.8509 | 485,219 |
7 Oct 2024 | Oslo Børs | 22,732 | 324.4671 | 7,375,786 |
| CBOE | 4,763 | 324.2242 | 1,544,280 |
| Aquis | 1,255 | 323.8583 | 406,442 |
| Turquoise | 1,250 | 324.4834 | 405,604 |
Total for period | Oslo Børs | 86,744 | 330.0002 | 28,625,538 |
| CBOE | 25,185 | 329.9076 | 8,308,723 |
| Aquis | 5,660 | 330.8813 | 1,872,788 |
| Turquoise | 6,911 | 332.1273 | 2,295,332 |
| Total | 124,500 | 330.1396 | 41,102,380 |
Previously disclosed | Oslo Børs | 255,132 | 329.8884 | 84,165,090 |
| CBOE | 79,966 | 330.0002 | 26,388,795 |
| Aquis | 13,876 | 330.2034 | 4,581,903 |
| Turquoise | 17,026 | 330.9580 | 5,634,891 |
| Total | 366,000 | 329.9745 | 120,770,679 |
Total for programme | Oslo Børs | 341,876 | 329.9168 | 112,790,627 |
| CBOE | 105,151 | 329.9780 | 34,697,518 |
| Aquis | 19,536 | 330.3998 | 6,454,691 |
| Turquoise | 23,937 | 331.2956 | 7,930,223 |
| Total | 490,500 | 330.0164 | 161,873,059 |
B-shares:
Date | Trading Venue | Aggregated daily volume (number of shares) | Weighted average share price per day (NOK) | Total daily transaction value (NOK) |
1 Oct 2024 | Oslo Børs | 10,376 | 319.1641 | 3,311,647 |
| CBOE | 5,653 | 319.2325 | 1,804,621 |
| Aquis | 1,932 | 319.2409 | 616,773 |
| Turquoise | 1,039 | 319.2701 | 331,722 |
2 Oct 2024 | Oslo Børs | 15,590 | 312.2083 | 4,867,327 |
| CBOE | 5,864 | 313.1051 | 1,836,048 |
| Aquis | 1,386 | 312.5866 | 433,245 |
| Turquoise | 1,160 | 313.6109 | 363,789 |
3 Oct 2024 | Oslo Børs | 19,028 | 309.8354 | 5,895,548 |
| CBOE | 6,662 | 310.6745 | 2,069,714 |
| Aquis | 1,476 | 309.1119 | 456,249 |
| Turquoise | 834 | 309.6741 | 258,268 |
4 Oct 2024 | Oslo Børs | 23,127 | 306.0169 | 7,077,253 |
| CBOE | 6,572 | 307.1961 | 2,018,893 |
| Aquis | 727 | 306.1530 | 222,573 |
| Turquoise | 1,074 | 306.9978 | 329,716 |
7 Oct 2024 | Oslo Børs | 23,026 | 302.9137 | 6,974,891 |
| CBOE | 6,273 | 302.9503 | 1,900,407 |
| Aquis | 1,743 | 303.7703 | 529,472 |
| Turquoise | 958 | 303.8950 | 291,131 |
Total for period | Oslo Børs | 91,147 | 308.5858 | 28,126,666 |
| CBOE | 31,024 | 310.3946 | 9,629,683 |
| Aquis | 7,264 | 310.8910 | 2,258,312 |
| Turquoise | 5,065 | 310.8836 | 1,574,626 |
| Total | 134,500 | 309.2140 | 41,589,287 |
Previously disclosed | Oslo Børs | 290,546 | 311.0411 | 90,371,740 |
| CBOE | 71,745 | 310.4861 | 22,275,824 |
| Aquis | 17,139 | 311.2344 | 5,334,246 |
| Turquoise | 12,570 | 311.2174 | 3,912,003 |
| Total | 392,000 | 310.9536 | 121,893,813 |
Total for programme | Oslo Børs | 381,693 | 310.4548 | 118,498,406 |
| CBOE | 102,769 | 310.4585 | 31,905,507 |
| Aquis | 24,403 | 311.1322 | 7,592,558 |
| Turquoise | 17,635 | 311.1216 | 5,486,629 |
| Total | 526,500 | 310.5092 | 163,483,100 |
Following the transactions above, Schibsted has bought back a total of 1,017,000 shares with a transaction value of approx. NOK 325,356,159 under the buyback programme.
The issuer's holding of own shares:
Following the completion of the above transactions, Schibsted owns a total of 490,500 own A-shares, and a total of 938,213 own B-shares, corresponding to 0.61% 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, 7 October 2024
SCHIBSTED ASA
Disclosure regulation
This information is subject to the disclosure requirements pursuant to Section 5-12 of the Norwegian Securities Trading Act.
Contacts
- Malin Ebenfelt, Investor Relations Officer, +47 916 86 710, ir@schibsted.com