North Media A/S commences an Equity Buyback Plan for 15% of its issued share capital, under the authorization approved on March 27, 2020.

North Media A/S (CPSE:NORTHM) commences share repurchases on October 18, 2023, under the program mandated by the shareholders in the Annual General Meeting held on March 27, 2020. As per the mandate, the company will repurchase up to 15% of its issued share capital. The shares will be repurchased at the market price in force at the time of purchase, with a variance of plus or minus 5%.

The authority shall be valid for a period of 5 years, i.e. March 27, 2025.