Schibsted ASA Finalizes Share Capital Reduction

Schibsted ASA (GB:0MHM) has released an update.

Schibsted ASA has completed a reduction of its share capital following a share buyback program, resulting in the redemption of over 5 million shares. The company’s share capital now stands at NOK 116,962,422.50, divided into A and B shares with a nominal value of NOK 0.50 each. This change follows the approval of the Annual General Meeting and the capital reduction process has been fully registered with the Norwegian authorities.

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