SATS launches share buyback program up to NOK 100 million

SATS ASA announced the initiation of a share buyback program, commencing on October 31, 2025, and running until no later than the company's 2026 annual general meeting. The program, authorized by the 2025 annual general meeting, aims to repurchase shares for a total consideration of up to NOK 100 million, with a maximum of 3,500,000 shares. The stated purpose is to optimize the share capital structure through the redemption of treasury shares.

The company has engaged DNB Carnegie, part of DNB Bank ASA, to manage the repurchases. No acquisitions will be made within a 30-day period prior to SATS' reporting of a quarterly report.

The buyback program will be conducted in accordance with Regulation (EU) No 596/2014 (the Market Abuse Regulation) and Commission Delegated Regulation (EU) No 2016/1052 (the Safe Harbour Regulation).