Elopak completes USD 2.4m (NOK 22.5m) buy-back of 500,000 shares for incentive plan
Elopak has completed a share buy-back programme launched on 9 September 2026, repurchasing 500,000 own shares on Oslo Børs at an average price of NOK 36.4012 per share for a maximum aggregate value of NOK 22,500,000 (USD 2.4m). The shares are intended to cover obligations under the company's long-term incentive plan, taking Elopak's total holding of own shares to 689,585, or 0.26% of share capital.
Why this mattersThe programme covers Elopak's long-term incentive obligations from treasury shares rather than issuance, leaving the capital structure and free float effectively unchanged.
- Elopak repurchased 500,000 shares at an average price of NOK 36.4012 each.
- The programme, launched 9 September 2026, had a maximum value of NOK 22,500,000 (USD 2.4m).
- The shares are earmarked to meet obligations under Elopak's long-term incentive plan.
- Elopak now holds 689,585 own shares, equal to 0.26% of its share capital.
- The buy-back was conducted on Oslo Børs and disclosed under the Norwegian Securities Trading Act.