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SATS Lifts Treasury Stake to 3.35% Through Ongoing Share Buybacks

Story Highlights
  • SATS repurchased 1.51 million shares for NOK 64.9 million under its ongoing buyback program.
  • The company now holds 3.35% of its share capital as treasury shares, reinforcing its capital management strategy.
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SATS Lifts Treasury Stake to 3.35% Through Ongoing Share Buybacks

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

SATS ASA, a Nordic fitness center operator listed on Euronext Oslo Børs, provides training and wellness services and uses active capital management, including share repurchases, as part of its financial strategy. The company continues to adjust its treasury share holdings as it executes its ongoing buyback mandate.

SATS has repurchased 1,510,812 shares under its previously announced buyback program between 18 February and 9 March 2026 at an average price of NOK 42.96, for a total consideration of about NOK 64.9 million. Following these market purchases, SATS holds 6,826,470 treasury shares, equal to 3.35% of its share capital, signaling continued balance sheet flexibility and potential future benefits for shareholders through improved capital efficiency.

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 centers and related training services, focusing on health and wellness offerings to consumers in the Nordic market. The company is listed on Euronext Oslo Børs and actively manages its capital structure, including through share buyback programs to optimize shareholder value and adjust its treasury share position.

YTD Price Performance: 9.35%

Average Trading Volume: 483,386

Current Market Cap: NOK8.69B

Learn more about 2S0 stock on TipRanks’ Stock Analysis page.

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