FilingReader Intelligence

Aker launches share buyback to settle merger-related loan

September 30, 2025 at 05:09 AM UTCBy FilingReader AI

Aker ASA has announced the initiation of a share buyback program, targeting up to 429,067 of its own shares. The program's purpose is to settle a share loan from TRG Holding, which provided shares for Aker's consideration in a merger completed on September 11, 2025.

The buyback program will run from September 30, 2025, until December 31, 2025, adhering to an authorization granted by the company's annual general meeting on April 30, 2025. Shares can be repurchased within a price range of NOK 4 to NOK 1,200 per share. Nordea Bank Abp, filial i Norge, has been issued an irrevocable mandate to lead-manage the program, making independent trading decisions.

This report was generated by FilingReader's AI system from regulatory filings and company disclosures. To request a correction, contact editorial@filingreader.com

OSL:AKEROslo Stock Exchange

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