Oslo, Norway (5 March 2021) – On interval from 2 March 2021 to 4 March 2021, TGS-NOPEC Geophysical Firm ASA (TGS) bought 41,000 personal shares on the Oslo Inventory Alternate at a median value of NOK 141.2252 per share. Following the acquisition, TGS holds 195,000 personal shares, representing 0.166% of the overall excellent shares.
The shares had been bought in reference to the share repurchase introduced on 11 February 2021.
|Overview of transactions|
|Date||Aggregated day by day quantity (variety of shares)||Weighted common share value per day (NOK)||Complete day by day transaction worth (NOK)|
|Beforehand disclosed buy-backs below this system (accrued)||79,000||138.3279||10,927,901|
|Gathered below the buy-back program||120,000||139.3178||16,718,135|
|The issuer’s holding of personal shares:|
|Following the completion of the above transactions, TGS owns a complete of 195,000 personal shares, comparable to 0.166% of TGS’ share capital.|
|An summary of all transactions made below the buy-back program which have been carried out throughout the above-mentioned time interval is hooked up to this report and out there at www.newsweb.no.|
TGS offers scientific information and intelligence to corporations energetic within the vitality sector. Along with a worldwide, in depth and various vitality information library, TGS provides specialised companies reminiscent of superior processing and analytics alongside cloud-based information functions and options.
Ahead Trying Assertion
All statements on this press launch aside from statements of historic truth are forward-looking statements, that are topic to a lot of dangers, uncertainties and assumptions which are tough to foretell, and are based mostly upon assumptions as to future occasions that won’t show correct. These elements embody TGS’ reliance on a cyclical trade and principal clients, TGS’ means to proceed to develop markets for licensing of knowledge, and TGS’ means to accumulate and course of information product at prices commensurate with profitability, in addition to unstable market circumstances, which have been exacerbated by the COVID-19 pandemic and the extreme drop in oil costs. Precise outcomes could differ materially from these anticipated or projected within the forward-looking statements. TGS undertakes no accountability or obligation to replace or alter forward-looking statements for any motive.
For extra data, go to TGS.com or contact:
Chief Monetary Officer