Norwegian Air Shuttle launches share buy-back for employee programs

Norwegian Air Shuttle ASA has engaged DNB Carnegie to conduct a share buy-back program. This initiative is designed to support the company’s employee share savings plan and the long-term incentive (LTI) option plan for executive management. The program is authorized to repurchase up to 3,000,000 Norwegian shares, with a total value not exceeding NOK 50 million. The buy-back will be executed between November 17, 2025, and November 28, 2025.

The buy-back adheres to the authorization granted at the annual general meeting on May 14, 2025, which permits the purchase of up to 96,384,620 shares at prices ranging from NOK 0.10 to NOK 200. Shares allocated annually for both the employee share savings program and the LTI program are capped at 2 percent of the company’s issued share capital, equating to 21,127,778 shares. This authorization has not been utilized prior to this announcement, and the company currently holds 1,685 treasury shares.

The program will be conducted in compliance with Regulation (EU) No 596/2014 and Commission Delegated Regulation (EU) No 2016/1052.