AKVA group initiates a share buyback programme for up to 200,000 shares

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Aquaculture equipment manufacturer starts buyback program.

Buyback transactions will be executed according to the market price on the Oslo Stock Exchange, at a maximum price of NOK 150 per share. The buyback programme will begin on Tuesday and last until 31 March 2021, AKVA group said in a stock exchange announcement on Tuesday.

Shares purchased under the programme will be used for the Company’s share-based incentive scheme for the company’s senior management.

The share buyback programme is managed by and will be executed by Sparebank 1 Markets on behalf of AKVA group.