tiprankstipranks
Advertisement
Advertisement

SATS ASA Buys Back 652,634 Shares Under NOK 200 Million Program

Story Highlights
  • SATS ASA has repurchased 652,634 shares as part of its NOK 200 million buyback program on Euronext Oslo Børs.
  • The company now holds 2.93% of its share capital in treasury, underscoring an active capital management and confidence in its valuation.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
SATS ASA Buys Back 652,634 Shares Under NOK 200 Million Program

Claim 55% Off TipRanks

SATS ASA ( (DE:2S0) ) just unveiled an update.

SATS ASA has begun executing its previously announced share buyback program, repurchasing 652,634 shares between 18 and 26 February 2026 at an average price of NOK 42.4665 per share on Euronext Oslo Børs. These transactions form part of a broader plan to buy back up to 7 million shares for as much as NOK 200 million ahead of the 2026 annual general meeting.

Following the recent purchases, SATS now holds 5,968,292 own shares, representing 2.93% of its share capital, signaling an active capital management strategy that may support earnings per share and signal confidence in the company’s valuation. The buyback activity is conducted under an agreement with DNB Carnegie and is disclosed in line with EU Market Abuse Regulation and Norwegian securities law requirements.

The most recent analyst rating on (DE:2S0) stock is a Buy with a NOK42.00 price target. To see the full list of analyst forecasts on SATS ASA stock, see the DE:2S0 Stock Forecast page.

More about SATS ASA

SATS ASA operates fitness clubs and related health and training services, with its shares listed on Euronext Oslo Børs. The company targets consumers seeking gym memberships and wellness solutions in the Nordic market, positioning itself as a major player in the regional fitness industry.

Average Trading Volume: 463,065

Current Market Cap: NOK8.5B

Find detailed analytics on 2S0 stock on TipRanks’ Stock Analysis page.

Disclaimer & DisclosureReport an Issue

Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App
1