Asetek A/S Announces Transactions Carried Out Under the Current Share Buyback Programme in Accordance With the "Safe Harbour Method"
OSLO, Norway, Jan. 20, 2021 /PRNewswire/ -- On October 23, 2020, Asetek A/S launched a share buyback programme, as described in company announcement of October 23, 2020. According to the programme, Asetek A/S will in the period until March 5, 2021 buy back own shares up to a maximum value of USD 4 million and with a maximum of 381,000
shares. The share buyback programme will be implemented in accordance with Regulation (EU) no. 596/2014 of 16th April 2014 of the European Parliament and Council and Commission Delegated Regulation (EU) no. 2016/1052, also referred to as the Safe Harbour rules.
Number of shares bought back Trading day Average purchase price (NOK) Amount (USD) 202,351 Total, latest announcement 91.9525 2,083,520.76 53: 11 January 2021 3,000 118.7669 41,651.55 54: 12 January 2021 3,000 120.6962 42,509.20 55: 13 January 2021 2,327 120.5468 33,044.36 56: 14 January 2021 2,610 121.8316 37,394.50 57: 15 January 2021 3,000 119.5593 41,893.58 13,937 Total accumulated over week 2/2021 120.2239 196,493.20 --- 216,288 Total accumulated during the 93.7743 share buy-back programme 2,280,013.96 ---
With the transactions stated above, the Company owns a total of 1,050,535 shares as treasury shares, corresponding to 3.92% of the share capital. See the enclosure for information about the individual transactions made under the share buyback programme.
About Asetek
Asetek is the global leader in liquid cooling solutions for gaming and enthusiast PCs, data centers and servers. Founded in 2000, Asetek is headquartered in Denmark and has operations in California, Texas, China and Taiwan. Asetek is listed on the Oslo Stock Exchange (ASTK.OL).
For further information, please contact:
Peter Dam Madsen, Chief Financial Officer
Mobile: +45 2080 7200, e-mail: pdm@asetek.com
Asetek A/S
Assensvej 2
DK-9220 Aalborg East
Denmark
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SOURCE Asetek