SATS nears completion of share buyback program

SATS ASA has made substantial progress on its share buyback program, repurchasing a total of 2,103,460 shares at an average price of NOK 36.4969 per share from May 9, 2025, through September 15, 2025. This brings the total value of shares bought back to NOK 76,769,829, nearing the program’s NOK 100 million maximum. The program, launched on May 8, 2025, aims to repurchase up to 2,500,000 shares through open market transactions.

During the period from September 9 to September 15, 2025, SATS conducted multiple daily transactions, with significant activity observed on September 11, where 119,382 shares were purchased at a weighted average price of NOK 39.7892. The attached transaction overview details 1,043,960 shares bought in this recent period, adding to previously disclosed buybacks of 1,058,811 shares. All purchases were made as ordinary market transactions on Euronext Oslo Børs.

Following these transactions, SATS now holds 2,422,811 of its own shares, representing 1.19% of the company’s share capital. This ongoing buyback demonstrates the company's commitment to its capital management strategy as it approaches the program’s completion deadline of the annual general meeting in 2026.