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Wallenius Wilhelmsen ASA: Repurchase of shares for incentive programs (correction of stock exchange..

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Wallenius Wilhelmsen ASA: Repurchase of shares for incentive programs (correction of stock exchange..

Wallenius Wilhelmsen ASA: Repurchase of shares for incentive programs (correction of stock exchange notice sent at 13.11.2018, 14:10)

Limited program to repurchase own shares

In accordance with the authorization to acquire own shares given at the Annual General Meeting on 25 April 2018, Wallenius Wilhelmsen ASA will conduct a limited share buy-back program. The purpose is to acquire shares for future allocations under the long-term incentive program for top management, as well as for an annual discounted share purchase program for Norwegian based employees.

The total number of shares to be acquired is for a value of up to NOK 25 million. The shares will be purchased from the open market. The share buy-back program will commence on 14 November 2018 and will continue until further notice.

Source: NewsWeb