Reference is made to the stock market announcement on27 February 2020 , whereNorwegian Energy Company ASA ("Noreco" or the "Company") announced an initiation of a share buyback programme of up to 160,000 of its own shares. Noreco has on9 March 2020 purchased 5,601 of its own shares at an average price ofNOK 138 .0996 per share. After this transaction the Company holds a total of 310,790 own shares. The transaction is completed in accordance with the authorization given by Noreco's annual general meeting on28 June 2018 , which is valid until28 June 2020 . The information is subject to the disclosure requirements pursuant to section 5 -12 of the Norwegian Securities Trading Act. *** AboutNorwegian Energy Company ASA Noreco is a publicly owned company with focus on the oil, gas and offshore industry. The company's shares are listed on theOslo Stock Exchange (ticker NOR). For further information, please visit: www.noreco.com.
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