Flexible Thinking: Rules of Thumb—A Word to the Wise
Happy’s Tech Talk #29: Bend-to-Install Semi-flex FR-4
Connect the Dots: Five Best Practices for Designing Flex and Rigid-flex PCBs
Kitron: Completed Share Buyback in Connection with Remuneration to the Board Members
May 14, 2024 | KitronEstimated reading time: 1 minute
Kitron ASA has completed share buyback in connection with remuneration to the board members. Reference is made to the stock exchange release by Kitron ASA published on 13. May 2024 regarding initiation of a share buyback program.
The Company has completed its share buyback program. Norne Securities AS has been engaged to carry out the buybacks on behalf of the Company pursuant to the EU Market Abuse Regulation article 5.
The Company has acquired a total of 27,275 own shares at an volume-weighted average price per share of NOK 30.48240. A report of all the transactions relating to the buy-back program, both in detailed and aggregated form, is attached.
The shares acquired are used as part of the remuneration to the board members of the Company for the period from and including May 2024, and to and including April 2025, as resolved by the annual general meeting on 25 April 2024.
After the buyback by the Company, the shares were acquired by the Company's board members as follows:
- Tuomo Lähdesmäki (chairperson) acquired 8,529 shares
- Maalfrid Brath (board member) acquired 2,706 shares
- Michael Lundgaard Thomsen (board member) acquired 4,330 shares
- Petra Grandinson (board member) acquired 4,330 shares
- Gyrid Skalleberg Ingerø (board member) acquired 2,706 shares
- Jarle Larsen (board member) acquired 1,558 shares
- Tone Aas (board member) acquired 1,558 shares
- Henriette Stene (board member) acquired 1,558 shares.
Primary insider notifications pursuant to the market abuse regulation article 19 are attached.
After the buyback and acquisitions by the board members, Kitron does not own any shares in the Company.
Share on:
Suggested Items
WSTS Semiconductor Market Forecast Spring 2024
11/26/2024 | WSTSWSTS has adjusted its Spring 2024 forecast upwards, projecting a 16.0 percent growth in the global semiconductor market compared to the previous year.
IPC Japan Puts More Focus on Collaboration, Standards Development, Advanced Packaging
11/26/2024 | Yusaku Kono, IPC Japan RepresentativeIn the past year, IPC has strengthened its relationships with key Japanese companies and government bodies. This was accomplished, in part, by a visit to Japan this past summer, where members of the IPC Asia team, punctuated by standards committee work last winter, forged stronger ties with government officials and companies involved in electronics manufacturing.
Global Notebook Shipments Expected to Grow by 4.9% in 2025, Business Demand Emerges as a Key Driver
11/25/2024 | TrendForceTrendForce reports that the global notebook market in 2024 is projected to recover at a moderate pace, hindered by high interest rates and geopolitical uncertainties.
Real Time with... electronica 2024: SPEA's AI Integration—Innovations in Test Equipment
11/25/2024 | Real Time with... electronicaIn this interview from electronica 2024, Pete Starkey speaks with Andrea Furnari, VP of Electronic Test Products Business Unit for SPEA. The discussion revolves around AI integration in test equipment, trends in substrate materials, and SPEA's focus on R&D.
China Overtakes Germany and Japan in Robot Density
11/22/2024 | IFRChina's adoption of robots continues at a rapid pace: The country has surpassed Germany and Japan in the ratio of robots to factory workers, taking third place in the world in 2023.