Norwegian Air Shuttle halfway through share buy-back program

Norwegian Air Shuttle ASA (NAS) has updated on its share buy-back program, which started on November 17, 2025. The airline appointed DNB Carnegie to repurchase up to 3,000,000 own shares for its share savings plan and long-term incentive program for executive management.

As of November 21, 2025, Norwegian has repurchased a total of 1,500,000 shares, representing half of the targeted amount. The daily volume consistently stood at 300,000 shares each day from November 17 to November 21. The total transaction value for these repurchases amounts to NOK 22,994,850, with an average Volume Weighted Average Price (VWAP) of NOK 15.3299.

The buy-back program is scheduled to conclude on November 28, 2025.