On 5 November 2026, Moreld ASA (the "Company" or "Moreld") announced that the Company had decided to initiate a share buy-back programme for up to 5,000,000 existing shares in Moreld, equivalent to approximately 2.8% of Moreld's outstanding shares, with the purpose to reduce the Company's share capital. Shares acquired under the buy-back programme will be proposed cancelled at a subsequent general meeting. The total consideration paid for the shares purchased under the buy-back programme will not exceed NOK 100 million.
On 5 November 2026, Moreld ASA (the "Company" or "Moreld") announced that the Company had decided to initiate a share buy-back programme for up to 5,000,000 existing shares in Moreld, equivalent to approximately 2.8% of Moreld's outstanding shares, with the purpose to reduce the Company's share capital. Shares acquired under the buy-back programme will be proposed cancelled at a subsequent general meeting. The total consideration paid for the shares purchased under the buy-back programme will not exceed NOK 100 million.
In the period from 5 November 2026 to 6 November 2026, Moreld purchased a total of 42,500 own shares at Euronext Oslo Børs at an average price of NOK 25.9060 per share. Following this, Moreld has purchased a total of 42,500 own shares under the current buy-back programme and holds a total of 2,711,884 own shares, equal to approximately 1.51% of the shares in issue. An overview of all buy-backs made under the buy-back programme that have been carried out during the abovementioned time period is attached to this announcement and available at https://newsweb.oslobors.no/.
Below is an aggregated overview of the transactions carried out under the buy-back programme:
| Date | Aggregated daily volume(number of shares) | Weighted average share price per day (NOK) | Total daily transaction value (NOK) | |
| 05.11.2026 | 21,500 | 25.8653 | 556,104 | |
| 06.11.2026 | 21,000 | 25.9477 | 544,902 | |
| Accumulated under the buyback programme | 42,500 | 25.9060 | 1,101,006 | |
Date on which the buy-back programme was announced: 5 November 2026.The duration of the buy-back programme: 5 November 2026 – 30 June 2027.
For more information about the buy-back programme, please see the stock exchange announcement published on 5 November 2026, which is available at https://newsweb.oslobors.no/.
The share buy-back programme is carried out in accordance with Regulation (EU) No 596/2014 (the "Market Abuse Regulation") and Commission Delegated Regulation (EU) No 2016/1052 (the "Safe Harbour Regulation"). This information is subject to the disclosure requirements pursuant to article 5 of the Market Abuse Regulation and section 5-12 of the Norwegian Securities Trading Act.
For more information, please contact:
CEO Geir AustigardTelephone: +47 992 47 500Email: Geir.austigard@moreld.com
CFO Trond RosnesTelephone: +47 404 14 494Email: Trond.rosnes@moreld.com
About Moreld
Moreld is an industrial multi-disciplinary engineering group offering full-scope services across the offshore energy and marine industries, including subsea installations. The group comprises Moreld Apply, Ocean Installer and Global Maritime. Moreld is a major player on the Norwegian continental shelf with an international footprint. The Group is located in 19 countries, giving access to all major offshore markets, and has over 2,800 employees andcontractors. For more information, please visit https://moreld.com/.
AttachmentsMoreld ASA: Status on share buy-back programmeTrades Week 45