Telenor has on 14 November 2017 purchased 41,158 own shares at an average price of NOK 174.77 per share. After this transaction, Telenor owns a total of 6,531,403 own shares.
The transaction is part of the share buyback programme announced by Telenor on 17 July 2017. The buyback programme comprises up to 30 million shares, of which some 13.8 million shares will be repurchased in the market. The rest will be purchased from the Kingdom of Norway through the Ministry of Trade, Industry and Fisheries on a proportionate basis, so that the Ministry's current ownership interest in Telenor of 53.97 % will remain unaffected.
For further information about the share buyback programme Telenor refers to the Oslo Stock Exchange notifications made on 17 July and 30 August 2017 (available from www.newsweb.no).