Telenor completes share buyback for employee incentive schemes

Telenor ASA has announced the completion of its third tranche of share buybacks, intended for the company’s employee share programs within Telenor Group and the 2025 executive remuneration element. As previously communicated, DNB Carnegie, a division of DNB Bank ASA, was engaged to execute these repurchases.

The third tranche, which targeted the acquisition of shares up to NOK 12.6 million, was scheduled to take place from November 10 to November 14, 2025. The actual buyback was executed on November 11, 2025. On this date, Telenor repurchased a total of 83,088 shares at a weighted average price of NOK 147.92 per share.

This single transaction resulted in a total value of NOK 12,290,410.41, completing the stated objective for this tranche. The initiative forms part of Telenor's ongoing strategy to align employee and executive incentives with the company's performance, utilizing repurchased shares for various remuneration schemes.