SATS ASA: SATS’ share buyback program has been completed
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 (the "Buyback Program").
SATS has now completed the share buyback program. A total of 2,449,430 shares, which equals 1.23% of the shares in the company, were purchased on Oslo Stock Exchange, for a total consideration of NOK 91,556,725. The average price paid per share was NOK 36.6310. Following this, SATS owns a total of 4,922,241 own shares.
Overview of transactions 28-30 October 2025:
| Date | Aggregate daily volume (# of shares) | Weighted average price (NOK) | Total transactions value (NOK) |
| 28.10.2025 | 121,565 | 38.3122 | 4,657,423 |
| 29.10.2025 | 139,529 | 37.2916 | 5,203,260 |
| 30.10.2025 | 134,906 | 36.5159 | 4,926,214 |
| Previously disclosed buybacks under the program | 2,103,430 | 36.4969 | 76,769,829 |
| Accumulated under the buyback program | 2,499,430 | 36.6310 | 91,556,725 |
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.
Please see the stock exchange announcement published on 8 May 2025, which is available at www.newsweb.no, for more information about the buyback program.
For further information, please contact:
Stine Klund, Investor Relations, phone: +47 986 99 259
This announcement contains information that is subject to disclosure requirements pursuant to the Market Abuse Regulation and section 5-12 of the Norwegian Securities Trading Act.