Entra ASA: Initiation of share buyback in connection with Long Term Incentive Programme
Entra ASA ("Entra" or the "Company") is initiating a share buy-back programme to purchase up to 24,272 own shares for the purpose of allocating Entra shares under the Company's long-term incentive share programme for senior management (the "LTI Programme"), as approved by Entra's Annual General Meeting on 23 April 2024. The buy-back of shares under the LTI Programme will be made in accordance with a resolution by the board of directors of Entra ASA, based on the board authorisation at the Annual General Meeting held on 29 April 2025, where the minimum and maximum price that can be paid per share were set at NOK 50 and NOK 300, respectively. The LTI Programme will commence following this announcement and is expected to end no later than 18 February 2026. The shares shall be purchased on Oslo Børs.
ABG Sundal Collier will manage the LTI Programme on behalf of the Company, and decide the timing of the share purchases discretionally and independently of the Company.
Prior to commencement of the LTI Programme and the share buy-back programme announced by the Company earlier today, 11 February 2026, Entra holds 582 treasury shares for remuneration purposes.
For further information, please contact Ole Anton Gulsvik, CFO, on +47 995 68 520 or oag@entra.no
This information is subject to the disclosure requirements pursuant to section 5-12 of the Norwegian Securities Trading Act.
About Entra ASA
Entra is a leading owner, manager, and developer of office properties in Norway. The company owns and manages around 80 properties, totalling approximately 1.3 million square metres, located in the Greater Oslo region, Bergen, and Stavanger. Entra’s tenant base primarily comprises public sector entities and high-quality private tenants on long-term leases. The company's strategy focuses on creating value through profitable growth, being the preferred office provider, and environmental leadership.