Orkla ASA to initiate a share buyback program for up to 2 million shares

OSLO, 12-8-2015 — /EuropaWire/ — Orkla ASA (”Orkla”) has decided to initiate a share buyback program for up to 2 million shares in the market. The buyback program will be conducted in accordance with the authorization provided by the annual general meeting to the board of directors on 16 April 2015.

The buyback will be executed according to the market price on the Oslo Stock Exchange. The program will be initiated today and terminated on 9 December 2015 at the latest.

The shares purchased under this program will be used for Orkla’s stock- and incentive program for own employees.

CONTACT
ELISE ANDERSEN HEIDENREICH
Senior Communications & IR Advisor
elise.andersen.heidenreich@orkla.no

EDITOR'S PICK:

EuropaWire PR Editors

Recent Posts

Former Greek Deputy Minister Ioannis Tsakiris Joins EIB Management Committee

(IN BRIEF) Ioannis Tsakiris, a former Greek deputy minister with extensive experience in finance and…

2 hours ago

Eviden Launches BullSequana AI: A Next-Generation AI Computing Solution

(IN BRIEF) Eviden, a leading business within the Atos Group specializing in advanced computing, introduces…

2 hours ago