Entra ASA initiates share buy-back programme of up to 0.5 per cent of its own shares
Entra ASA has decided to initiate a share buy-back programme comprising up to 0.5 per cent of the company's own shares, which represents a total of 910,660 shares, for a maximum amount of up to NOK 100 million (the "Programme"). The Programme was adopted based on an authorisation to acquire own shares given to the board of directors by the Annual General Meeting held on 29 April 2025.
The purpose of the Programme is to improve shareholder returns by distributing capital to shareholders, by reducing the issued share capital of the company.
The share buy-backs under the Programme will commence on 12 February 2026, and will, at the latest, end on 17 April 2026. ABG Sundal Collier will manage the Programme on behalf of the company, and decide the timing of the share purchases discretionally and independently of the company. The shares that are purchased under the Programme will be proposed cancelled at the Annual General Meeting 21 April in 2026.
The Programme will be carried out in accordance with Article 5 of Regulation (EU) No 596/2014 of the European Parliament and Council of 16 April 2014 (the "Market Abuse Regulation") and the Commission Delegated Regulation (EU) 2016/1052 of 8 March 2016 (together with the Market Abuse Regulation, the "Safe Harbour Rules").
Prior to commencement of the Programme, Entra ASA holds 582 treasury shares for remuneration purposes.
For further information, please contact Ole Anton Gulsvik, CFO, on +47 995 68 520 or oag@entra.no.
This announcement contains information that is subject to disclosure requirements pursuant to the Market Abuse Regulation and section 5-12 of the Norwegian Securities Trading Act.