Elmera Group ASA (OB:ELMRA) commences an Equity Buyback Plan under the authorization approved on April 26, 2022.
May 05, 2022 at 04:30 am IST
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Pexip Holding ASA (OB:PEXIP) commences a share repurchases on May 5, 2022, under the program mandated by the shareholders in the Annual General Meeting held on April 26, 2022. As per the mandate, the company is authorized to repurchase up to an aggregate nominal value of up to NOK 1.71 million. The consideration per share may not be less than NOK 0.3 and may not exceed NOK 300. The authorization is valid until the Annual General Meeting in 2023, however no longer than until June 30, 2023.
On May 5, 2022 the company announced a share repurchase program. Under the program, the company will repurchase up to 5,717,590 shares, representing 5% of its share capital, for NOK 200.11 million. The program will expire on December 31, 2022.
Elmera Group ASA, formerly Fjordkraft Holding ASA, is a Norway-based holding company for Fjordkraft Group. The Group is a national electricity retailer and provider of related services to households, private and public companies, as well as municipalities. The core business includes the purchase, sale and portfolio management of electrical power. The Company operates within segments: The Consumer segment, that implies the sale of electrical power and related services to private consumers in Norway; The Business segment, that covers sale of electrical power and related services to business consumers in Norway; and The Nordic segment, that covers sale of electrical power and related services to consumers in Finland and Sweden.