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Protector Forsikring ASA initiates share buyback program
May 12, 2025
-
8:50
Protector Forsikring ASA ("Company") has decided to initiate a buyback of up to
100,000 own shares for a maximum amount of NOK 40 million. The buyback program
will commence on 13 May 2025 and continue until 2 June 2025.
The buyback will be made in accordance with the authorization granted at the Company's annual general meeting on 10 April 2025.
The purpose of the program is to fulfill obligations arising as a result of the Company's bonus program for senior executives and key personnel and the Company's share purchase program for all employees.
Buyback transactions will be executed according to the market price on Euronext Oslo Stock Exchange.
This information is subject of the disclosure requirements pursuant to section 5-12 of the Norwegian Securities Trading Act and article 5 of the EU Market Abuse Regulation.
Oslo, 12 May 2025
For further information, please contact: CFO, Ditlev de Vibe Vanay, mob. +47 934 80 393
The buyback will be made in accordance with the authorization granted at the Company's annual general meeting on 10 April 2025.
The purpose of the program is to fulfill obligations arising as a result of the Company's bonus program for senior executives and key personnel and the Company's share purchase program for all employees.
Buyback transactions will be executed according to the market price on Euronext Oslo Stock Exchange.
This information is subject of the disclosure requirements pursuant to section 5-12 of the Norwegian Securities Trading Act and article 5 of the EU Market Abuse Regulation.
Oslo, 12 May 2025
For further information, please contact: CFO, Ditlev de Vibe Vanay, mob. +47 934 80 393
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