#share buyback #Norway #Oslo #Aker ASA #TRG Holding

Aker ASA Announces Initiation of Share Buyback Program

Aker ASA, a leading company in Norway, has recently unveiled its plan to initiate a share buyback program aimed at repurchasing up to 429,067 of its own shares. This strategic move comes as part of the company’s efforts to manage and settle a share loan agreement established with TRG Holding AS earlier this year. This loan involves shares that were utilized as consideration in a merger involving Aker Horizons ASA's subsidiary, Aker Horizons Holding AS.

The merger, which was finalized on September 11, 2025, represents a significant step for Aker, positioning itself more effectively in the market. The shares expected to be repurchased will play a vital role in settling obligations related to this merger, thus enhancing the company's overall financial health.

According to the announcement, the buyback operations will commence immediately and continue until December 31, 2025. Aker ASA has obtained authorization from its board of directors, which was granted during its annual general meeting held on April 30, 2025. Under this authorization, the minimum and maximum prices for the shares are set at NOK 4 and NOK 1,200, respectively. This range provides flexibility for Aker to manage its repurchases in a strategic manner aligned with market conditions.

To facilitate this buyback program, Aker ASA has appointed Nordea Bank Abp, Norway’s branch of Nordea, to lead and manage the transactions. The bank will operate independently, making trading decisions without influence from Aker, thereby ensuring transparency and compliance with applicable regulations.

The company emphasized that the buyback transactions will adhere strictly to the Market Abuse Regulation (EU) No 596/2014 and related Commission regulations. This compliance underscores Aker's commitment to ethical practices and shareholder transparency throughout the buyback process.

As Aker embarks on this buyback initiative, it signals confidence in the company's future and a commitment to enhancing shareholder value. This move not only addresses the logistical needs stemming from the recent merger but also demonstrates Aker's proactive approach to managing its capital structure amid changing market dynamics.

During this noteworthy period, Aker ASA continues to engage with its stakeholders, including shareholders and media. For inquiries, media and investor representatives have been designated to provide further information and insights into this development.

This announcement also serves to remind market participants that the buyback and its communication are subject to various legal restrictions in different jurisdictions and Aker ASA takes no responsibility for any violations of these regulations by external parties.

Overall, the initiation of this share buyback program marks an important milestone for Aker ASA as it seeks to optimize its capital management strategy while providing benefits to its shareholders through enhanced market stability and confidence.

Conclusion

In conclusion, as Aker ASA navigates this new phase, investors and analysts will be observing the impact of this buyback program closely. The combination of a solid operational strategy, prudent financial management, and a clear commitment to shareholder interests positions Aker favorably for future growth and success in the evolving market landscape.