Nordic Semiconductor ASA (OB:NOD) commences an Equity Buyback Plan, under the authorization approved on April 20, 2023.
On February 5, 2024, the announced a share repurchase program. Under the program, the company will repurchase up 9.96% of the outstanding share capital for NOK 240 million. The purpose of the program is to have available shares to settle the company's obligations under the Employee long-term equity linked incentive programs. The share repurchase program will commence from February 6, 2024 and will end on the latest on the Annual General Meeting in 2024.