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Friday, 9 March 2018

Borregaard: Repurchase of own shares


Published: 16:42 CET 09-03-2018 /GlobeNewswire /Source: Borregaard / : BRG /ISIN: NO0010657505

Borregaard: Repurchase of own shares

09.03.2018: Borregaard ASA ("Borregaard", OSE ticker: BRG)

Reference is made to the stock exchange notice of 16 February 2018 where Borregaard announced the intent to repurchase up to 300,000 of its outstanding common stock.

Borregaard has today purchased 20,000 own shares through broker at an average price of NOK 74.1047 per share.

After this transaction Borregaard holds a total of 474,764 own shares, representing 0.48% of total shares outstanding.

By this transaction, Borregaard has completed its share repurchase programme by repurchasing 300,000 shares of its outstanding common stock.

Lotte Kvinlaug, Investor Relations Officer, +47 922 86 909

This information is subject to the disclosure requirements pursuant to Section 5-12 of the Norwegian Securities Trading Act.

This announcement is distributed by Nasdaq Corporate Solutions (One Liberty Plaza, 165 Broadway, New York, NY 10006. Tel: +1 212 401 8700. www.nasdaqomx.com) on behalf of Nasdaq Corporate Solutions clients. Source: Borregaard, Postboks 162, SARPSBORG 1701, NORWAY
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