The Board of Directors of Nordic Semiconductor ASA has
in a board meeting held on 30 October 2016, authorized
the Company to commence a share repurchase program.
The share repurchase program will be carried out in
accordance with applicable laws and regulations.
Key terms of the share repurchase program include:
* The maximum number of share that the Company may
purchase under the program is 2,000,000 shares
(corresponding to 1.2% of the current issued share
capital of the Company
* The shares may be purchased for a maximum NOK 35.00
* The share repurchase program period runs from 31
October 2016 and ends on the latest on the Annual
General Meeting in 2017
* No shares may be bought at a price higher than the
greater of the share price of the latest independent
trade or the highest current independent offer price
at Oslo Børs at the time of the trade.
* The maximum number of shares in the Company which
may be purchased on each trading day corresponds to
maximum 20% of the average daily trading volume of the
Company for that day.
Investor Relations contact:
Pål Elstad, Chief Financial Officer
Mobile: (+47) 99 166 293