Omda AS (OB:OMDA) commences share repurchases on May 28, 2024, under the program mandated by the shareholders in the Annual General Meeting held on April 25, 2024. As per the mandate, the company is authorized to repurchase its own shares, such that the nominal value of the shares which the company may acquire in total may not exceed NOK 29.98 million. The minimum price which may be paid for each ordinary share is NOK 20 per share and the maximum price is NOK 130 per share.

The authorization may be used as a financial instrument, by the board of directors being able to make use of liquidity to acquire shares in the Company, or may be used in connection with acquisitions or other transactions where the Company is to render consideration as shares The program is valid till April 25, 2026. As of April 25, 2024, the company had 20,967,404 shares outstanding with no shares in treasury.