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Elkem ASA – Buyback of shares

Please see below information about transactions made under the share buyback programme for Elkem ASA.

  • Date on which the buyback programme was announced: 21 July 2022
  • The duration of the buyback programme: 21 July 2022 to 23 September 2022
  • Size of the buyback programme: Up to 5,000,000 shares

From 21 July 2022 until 29 July 2022, Elkem ASA has purchased a total of 875,000 own shares at the Oslo Stock Exchange at an average price of NOK 38.5860 per share. Aggregated overview of transactions per day:

Date Aggregated volume(number of shares) Weighted average share price (NOK) Total transaction value (NOK)
21 July 2022  125,000  38.2156  4,776,950.00
22 July 2022  125,000  38.4073  4,800,912.50
25 July 2022  125,000  37.8970  4,737,125.00
26 July 2022  125,000  38.2442  4,780,525.00
27 July 2022  125,000  38.4582  4,807,275.00
28 July 2022 125,000   39.2922 4,911,525.00
29 July 2022 125,000 39.5875 4,948,437.50
Previously disclosed buybacks under the programme (accumulated)
Total buybacks under the programme 875,000 38.5860 33,762,750.00

Following the completion of the above transactions, Elkem ASA owns a total of 6,310,000 own shares, corresponding to 0.99% of Elkem ASA’s share capital.

This is information that Elkem ASA is obliged to make public pursuant to the EU Market Abuse Regulation and subject to the disclosure requirements pursuant to Section 5-12 the Norwegian Securities Trading Act.

Appendix: A detailed overview of all transactions made under the buyback programme that have been carried out during the above-mentioned time period is attached to this report and available at

For further information, please contact:
Odd-Geir Lyngstad
VP Finance and Investor Relations
Tel: +47 976 72 806
Email: [email protected]

About Elkem
Elkem is one of the world’s leading providers of advanced material solutions shaping a better and more sustainable future. The company develops silicones, silicon products and carbon solutions by combining natural raw materials, renewable energy and human ingenuity. Elkem helps its customers create and improve essential innovations like electric mobility, digital communications, health and personal care as well as smarter and more sustainable cities. With a strong track record since 1904, its global team of more than 7,000 people has a joint commitment to stakeholders: Delivering your potential. In 2022, Elkem obtained a Platinum score from EcoVadis, which rated the company among the world’s top 1% on sustainability transparency, and the company achieved an operating income of NOK 33.7 billion. Elkem is listed on the Oslo Stock Exchange (ticker: ELK).

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