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SATS Completes NOK 100 Million Share Buyback Ahead of Mandate Expiry

Story Highlights
  • SATS ASA has completed its share buyback, repurchasing 2,316,848 shares.
  • The company now holds 7,632,506 treasury shares, potentially boosting shareholder value and confidence.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
SATS Completes NOK 100 Million Share Buyback Ahead of Mandate Expiry

Meet Samuel – Your Personal Investing Prophet

The latest update is out from SATS ASA ( (DE:2S0) ).

SATS ASA has completed its previously announced share buyback program, initiated in February 2026, ahead of the expiry of its current authorization to acquire treasury shares. The company repurchased 2,316,848 shares on the Oslo Stock Exchange, equivalent to 1.14% of its share capital, for a total consideration of NOK 99,999,995 at an average price of NOK 43.1621 per share.

Following the transactions, SATS now holds 7,632,506 of its own shares, strengthening its treasury stock position and potentially signaling confidence in the company’s valuation. The move may have implications for existing shareholders through a higher relative ownership stake and could influence liquidity and capital allocation perceptions in the Nordic fitness operator’s stock.

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 is a Nordic fitness chain that operates training centers and related wellness services, primarily focused on providing gym memberships and associated offerings to customers in Norway and across the region.

YTD Price Performance: 3.47%

Average Trading Volume: 464,596

Current Market Cap: NOK8.23B

For an in-depth examination of 2S0 stock, go to TipRanks’ Overview page.

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