Tomra Systems ASA (OB:TOM) commences share repurchases on August 9, 2022, under the program mandated by the shareholders in the Annual General Meeting held on April 28, 2022. As per the mandate, the company is authorized to repurchase 500,000 shares with a nominal value of up to NOK 0.5 million. The price paid for a share may not be less than NOK 100 or greater than NOK 1,000.

The acquisitions shall be made on the Stock Exchange within a normal spread. The repurchased shares may only be disposed of in order to carry out the share saving program for employees. The share repurchase program will expire at the next Annual General Meeting.