Sats ASA (OB:SATS) announces a share repurchase program. Under the program, the company will repurchase up to 2,000,000 shares, for a total of NOK 30 million. The shares will be repurchased at a minimum price of NOK 2 per share.

The shares will be repurchased at a maximum price of NOK 15 per share. The purpose of the program is to obtain treasury shares for a combination of settlement of the company's new share investment program, for partly fulfillment of matching shares for the new share investment program, and for delivery of matching shares under a previous share investment program. The program will end no later than June 30, 2023 (subject to approval from the Annual General Meeting, expected to be held on or about May 31, 2023).