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.