Vis børsmeldingen
±--------------±-----------------±-----------------------+
| Date | Number of shares | Weighted average price |
±--------------±-----------------±-----------------------+
| 15 March 2021 | 60,051 | NOK 435.8739 |
±--------------±-----------------±-----------------------+
| 16 March 2021 | 60,051 | NOK 434.3983 |
±--------------±-----------------±-----------------------+
| 17 March 2021 | 60,051 | NOK 433.5596 |
±--------------±-----------------±-----------------------+
| 18 March 2021 | 60,051 | NOK 434.4556 |
±--------------±-----------------±-----------------------+
| 19 March 2021 | 60,051 | NOK 437.8099 |
±--------------±-----------------±-----------------------+
The shares were purchased as part of the buyback program authorized by the Yara
Annual General meeting held 7 May 2020. The shares acquired pursuant to this
authorization shall be subsequently cancelled. Please refer to Yara’s stock
exchange releases dated 25 August 2020 and 7 May 2020 for further information
about the buy-back program.
Yara has an agreement with the Norwegian State according to which the State’s
shares will be redeemed on a pro-rata basis to ensure that the State’s ownership
is unchanged when shares are cancelled.
The buyback program is carried out in accordance with the Market Abuse
Regulation (EU) No 596/2014 (“MAR”) and Commission Delegated Regulation (EU) No
2016/1052 (“Safe Harbour Regulation”).
Yara intends to buy back 8,551,880 of its shares outstanding by 23 March 2021,
under an external bank mandate. Including the proportional redemption of shares
owned by the Norwegian state, the total buyback and redemption will amount to
approximately 5.0% of shares outstanding. Up to and including the transactions
detailed above, Yara has purchased and holds 8,431,779 shares as part of its
current buy-back program.
Yara International ASA is required to disclose this information in accordance
with MAR. A full breakdown of the above transactions conducted in accordance
with article 5.3 of MAR and article 2.3 of the Safe Harbour Regulation is
attached to this press release. For information about all transactions carried
out under the buyback program, please refer to Yara’s web pages:
Buy-back program and ADRs | Yara International (https://www.yara.com/investor-
relations/share-and-debt-information/buy-back-program-and-adrs/)
Contact
Thor Giæver, Investor Relations
Cellular (+47) 480 75 356
E-mail: thor.giaver@yara.com (mailto:thor.giaver@yara.com)
About Yara
Yara grows knowledge to responsibly feed the world and protect the planet.
Supporting our vision of a world without hunger, we pursue a strategy of
sustainable value growth, promoting climate-friendly and high-yielding crop
nutrition solutions for the world’s farming community and food industry.
Yara’s ambition is to be the Crop Nutrition Company for the Future. We are
committed to creating value for our customers, shareholders and society at
large, as we work to develop a more sustainable food value chain. To achieve our
ambition, we have taken the lead in developing digital farming tools for
precision farming, and work closely with partners throughout the food value
chain to improve the efficiency and sustainability of agriculture and food
production.
Founded in 1905 to solve the emerging famine in Europe, Yara has established a
unique position as the industry’s only global crop nutrition company. With our
integrated business model and a worldwide presence of around 16,000 employees
and operations in over 60 countries, we offer a proven track record of
responsible and reliable returns. In 2020, Yara reported revenues of USD 11.6
billion.
www.yara.com (http://www.yara.com)
Kilde