SATS ASA: Status on share buyback
Reference is made to the stock exchange announcement made by SATS ASA ("SATS" or the "Company") on 8 May 2025 of the launch of SATS’ program to repurchase up to 2 500 000 of the Company’s shares in open market transactions for a total amount of up to NOK 100 million during the period from 9 May 2025, until no later than the Company's Annual General Meeting of 2026, pursuant to an agreement with DNB Carnegie.
For the period from and including 9 May 2025, through 15 September 2025, the Company purchased a total of 2 103 460 shares at an average price of NOK 36.4969 per share, all purchased as ordinary market purchases on Euronext Oslo Børs.
Overview of transactions:
| Date | Aggregate daily volume (# of shares) | Weighted average price (NOK) | Total transactions value |
| 09.09.2025 | 61 697 | 38.2243 | 2 358 324.64 |
| 10.09.2025 | 109 780 | 38.9614 | 4 277 182.49 |
| 11.09.2025 | 119 382 | 39.7892 | 4 750 114.27 |
| 12.09.2025 | 116 000 | 40.1060 | 4 652 296.00 |
| 15.09.2025 | 97 500 | 40.6115 | 3 959 621.25 |
| Previously disclosed buybacks under the program | 1 058 811 | 34.7305 | 36 773 073 |
| Accumulated under the buyback program | 2 103 460 | 36.4969 | 76 769 829 |
The issuer’s holding of own shares:
Following the completion of the above transactions, SATS owns a total of 2 422 811 of own shares, corresponding to 1.19% of SATS’ share capital.
Appendix:
An overview of all transactions made under the buyback program that have been carried out during the above-mentioned time period is attached to this report and available at www.newsweb.no.
For further information, please contact:
Cecilie Elde, Chief Financial Officer, phone: +47 924 14 195
Stine Klund, Investor Relations, phone: +47 986 99 259
This is information that SATS is obliged to make public pursuant to the EU Market Abuse Regulation and subject to the disclosure requirements pursuant to Section 5-12 of the Norwegian Securities Trading Act.