At the Annual General Meeting in 2023, the Board of Directors was granted authorisation to buy back up to 10% of the current share capital.
![](/media/egkni0v3/istock-1251370859.jpg?anchor=center&mode=crop&quality=60&heightratio=0.425&width=1024&rnd=132768515867130000)
Treasury Shares
The authorisation is limited to realising the existing incentive schemes for employees (share options granted and employee share programme) and to acquire own shares for amortisation. Buy-back of shares must be implemented at the latest by the Annual General Meeting in 2024.
The table below shows Borregaard's share buy-backs, treasury shares sold related to incentive schemes and the number of treasury shares at year end:
Year | Buy-backs No of shares bought |
Incentive schemes No of shares sold |
Treasury shares No of shares at year-end |
2012 | 0 | 0 | 0 |
2013 | 1,270,000 | 0 | 1,270,000 |
2014 | 1,817,051 | 2,309,168 | 777,883 |
2015 | 108,372 | 392,375 | 493,880 |
2016 | 162,355 | 312,855 | 343,380 |
2017 | 300,000 | 0 | 484,065 |
2018 | 410,451 | 135,000 | 450,215 |
2019 | 681,316 | -467,000 | 366,775 |
2020 | 597,211 | -339,947 | 384,678 |
2021 | 644,293 | -440,726 | 414,862 |
2022 | 422,275 | -402,584 | 434,553 |
2023 | 525,570 | -523,263 | 436,860 |
IR Contacts
![Lotte Kvinlaug](/media/ggyjdrx4/lotte-kvinlaug_ken-egil-nesse.jpg?mode=crop&width=150&height=200)
Lotte Kvinlaug
Investor Relations Officer+47 69 11 80 92 / +47 922 86 909
![Knut-Harald Bakke](/media/2rcgep0i/nic_9726.jpg?mode=crop&width=150&height=200)
Knut-Harald Bakke
Director Investor Relations+47 905 79 164