Adevinta ASA (ADE) - Repurchase of shares by Adevinta ASA, Completion of second tranche of buy-back programme
Oslo, 19 October 2022 - Please see below information about transactions made under the buy-back programme for Adevinta ASA.Following the trades included in this release, the second tranche of the buy-back programme is now completed.
Date on which the second tranche buy-back programme was announced: 6 April 2022
Date on which the second tranche buy-back programme was resumed: 30 August 2022
Duration of the second tranche buy-back programme: no longer than 30 June 2023
Size of the second tranche buy-back programme: up to 6,000,000 shares
From 12 October 2022 until 18 October 2022, Adevinta ASA has purchased a total of 304,617 own shares at the Oslo Stock Exchange at an average price of NOK 72.53 per share.
Aggregated overview of transactions per day:
| Date | Aggregated volume (number of shares) | Weighted average share price (NOK) | Total transaction value (NOK) |
| 12 Oct 2022 | 63,472 | 68.2938 | 4,334,744 |
| 13 Oct 2022 | 62,978 | 70.0574 | 4,412,075 |
| 14 Oct 2022 | 63,955 | 74.0299 | 4,734,582 |
| 17 Oct 2022 | 59,193 | 74.9387 | 4,435,846 |
| 18 Oct 2022 | 55,019 | 75.8853 | 4,175,133 |
| Previously disclosed buybacks under the 2nd tranche programme (accumulated) | 5,695,383 | 70.5430 | 401,769,553 |
| Total buybacks under the 2nd tranche programme | 6,000,000 | 70.6437 | 423,861,934 |
The issuer’s holding of own shares:
Following the completion of the above transactions, Adevinta ASA owns a total of 9,418,635 own shares, corresponding to 0.77% of Adevinta ASA’s share capital.
Appendix:
An overview of all transactions made under the second tranche of the buy-back programme that have been carried out during the above-mentioned time period is attached to this report and available at www.newsweb.no and www.adevinta.com/ir.
This information is subject to the disclosure requirements pursuant to Section 5-12 the Norwegian Securities Trading Act
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