Elopak announces NOK 18m share buy-back program

Elopak ASA has announced a share buy-back program to repurchase up to 360,000 shares, amounting to a maximum of NOK 18,000,000. The program will run from September 15, 2025, to September 30, 2025, and is authorized by the company's ordinary general meeting held on May 14, 2025. Shares acquired through this initiative will be utilized to fulfill obligations related to Elopak's long-term incentive plan for participating employees.

The repurchases will occur on the Oslo Stock Exchange at prevailing market prices, adhering to applicable safe harbor conditions. DNB Carnegie will manage the program, making independent trading decisions without influence from Elopak.

Elopak, established in Norway in 1957 and listed on the Oslo Stock Exchange in 2021, is a global supplier of carton packaging. The company employs 2,850 people and sells 16 billion cartons annually worldwide. Elopak is a UN Global Compact participant with Science Based Targets to achieve Net-Zero by 2050, and was rated among the top 2% sustainable companies by EcoVadis in 2023.