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Xplora Technologies AS: Launch of share buy-back programme
Prenumeration
Beskrivning
| Land | Norge |
|---|---|
| Lista | Euronext Growth Oslo |
| Sektor | Informationsteknik |
| Industri | Programvara |
Oslo, 15 August 2025 - - Xplora Technologies AS (“Xplora” or the ”Company”) hereby announces its decision to implement a share buy-back programme. The purpose of the buy-back programme is to acquire shares for use in connection with Xplora’s Employee Share Purchase Program. The buy-back programme will be carried out on the basis of the authorisation granted to the board of directors at the Annual General Meeting held on May 23, 2025. The buy-back programme includes the purchase of a maximum of 100,000 shares for a total amount of up to NOK 10,000,000. The buy-back programme will be implemented from 15 August 2025 and will end no later than 30 September 2025.
DNB Carnegie, a part of DNB Bank ASA will manage the buy-back programme, making all decisions regarding the timing and execution of the purchases of the Company's shares without any influence from Xplora. The buy-backs will be conducted in compliance with the Market Abuse Regulation (EU) No. 596/2014, the Delegated Commission Regulation (EU) 2016/1052, and Euronext Oslo Børs' guidelines for buy-back programmes and price stabilisation from February 2021.
This is information that Xplora is obliged to make public pursuant to the EU Market Abuse Regulation and that is subject to the disclosure requirements pursuant to Section 5-12 of the Norwegian Securities Trading Act. This stock exchange announcement was published by Sten Kirkbak, CEO, on the time and date provided.
For further information please contact:
Sten Kirkbak, CEO +47 922 03 710, sten.kirkbak@xplora.com
Knut Stålen, CFO +47 920 43 458, knut.stalen@xplora.com
About Xplora Technologies AS:
Xplora is a platform and services company delivering technology solutions that enable families to stay connected and safe. The company designs smart devices and services for Kids, Youths, and Seniors, combining secure communication with services promoting physical activity and digital balance. Founded in Norway, Xplora pioneered the Kids' smartwatch category in Europe and has since expanded its offering to include phones and solutions for the Youth and Senior markets. This positions Xplora as a leading European platform for family-centric services. The company is headquartered in Oslo, Norway with operations in leading European markets. Xplora is listed on Euronext Growth under the ticker XPLRA.