Borregaard ASA: Repurchase of own shares

28.11.2023: Borregaard ASA (”Borregaard”, OSE ticker: BRG)

Reference is made to the stock exchange notice of 17 November 2023 where Borregaard announced the intent to repurchase up to 200,000 of its outstanding common stock. The repurchase of shares will be conducted in a period from 20^th November up to and including 20^th December 2023 at the latest.

Borregaard has in the period from 20 November up to and including 28 November 2023 in total purchased 139,796 own shares through broker at an average price of NOK 169.45 per share.

Aggregated overview of transactions per day:

Date	Aggregated daily volume (number of shares)	Weighted average share price per day (NOK)	Total daily transaction value (NOK)
20.11.2023	23,843	169.7482	4,047,306.33
21.11.2023	23,843	169.7995	4,048,529.48
22.11.2023	23,843	167.4216	3,991,833.21
23.11.2023	12,739	169.3315	2,157,113.98
24.11.2023	17,905	169.7394	3,039,183.96
27.11.2023	18,675	170.6156	3,186,246.33
28.11.2023	18,948	169.8075	3,217,512.51
Previously disclosed buys under the programme (accumulated)	n.a.	n.a.	n.a.
Accumulated under the buy-back programme	139,796	169.45	23,687,725.80

The issuer’s holding of own shares:
Following the completion of the above transactions, Borregaard owns a total of 383,400 of own shares, corresponding to 0.38% of Borregaard’s share capital.

Appendix:
A detailed overview of all transactions made under 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.

Contact:
Lotte Kvinlaug, Investor Relations Officer, +47 922 86 909

This information is subject to the disclosure requirements pursuant to Commission Delegated Regulation (EU) 2016/1052 of 8 March 2016 Article 2 section 3 and Section 5-12 of the Norwegian Securities Trading Act.

 

Attachment

• Detailed overview of transactions