The shareholders at the Annual General Meeting on 19 May 2021 authorized the Board of Directors to undertake a buy-back program. Based on this authorization, Tethys Oil’s Board of Directors decided to initiate a share buy-back program, which was announced on 9 September 2021.

As per 31 December 2021, Tethys Oil held 474,673 (1.4 percent) of its own shares which was purchased at an average price of SEK 50.82.

The repuchases can be followed at Nasdaq Corporate Actions Stockholm.

Buy-backs under the authorization from AGM 2021:

Date Aggregated daily volume (number of shares) Weighted average share price per day (SEK) Total daily transaction value (SEK)
2021/09/16 3,000 53.90 161,700
2021/09/17 4,292 52.31 224,513
2021/09/21 6,000 50.85 305,100
2021/09/23 2,241 51.80 116,084
2021/12/01 2,000 61.30 122,600
2021/12/02 2,000 60.80 121,600
2021/12/10 3,000 61.60 184,800
2021/12/15 3,000 59.90 179,700
2021/12/21 500 59.80 29,900
2021/12/23 8,000 60.125 481,000
2021/12/27 3,000 59.83 179,490
2021/12/28 1,000 61.60 61,600
2021/12/29 1,000 61.90 61,900

 

 

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