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Thursday 12 August, 2021

TGS

TGS Share Repurchase

TGS Share Repurchase

Oslo, Norway (12 August 2021) – On period from 05 August 2021 to 11 August 2021, TGS ASA (TGS) purchased 75,190 own shares on the Oslo Stock Exchange at an average price of NOK 100.3466 per share. Following the purchase TGS holds 654,705 own shares, representing 0.558% of the total outstanding shares.

The shares were purchased in connection with the share repurchase announced on 11 February 2021.

Overview of transactions
Date Aggregated daily volume (number of shares) Weighted average share price per day (NOK) Total daily transaction value (NOK)
5-Aug-21 14,000 100.9535 1,413,349
6-Aug-21 20,000 101.8078 2,036,156
9-Aug-21 20,000 99.9265 1,998,530
10-Aug-21 1,190 99.3400 118,215
11-Aug-21 20,000 98.9407 1,978,814
       
       
Previously disclosed buy-backs under the program (accumulated) 514,415 121.2303 62,362,684
Accumulated under the buy-back program 589,605 118.5671 69,907,748
 
The issuer's holding of own shares:      
Following the completion of the above transactions, TGS owns a total of 654,705 own shares, corresponding to 0.558% of TGS' share capital.
       
Appendix:      
An overview of all transactions made under the buy-back programme that have been carried out during the above-mentioned time period is attached to this report and available at www.newsweb.no.


About TGS
TGS provides scientific data and intelligence to companies active in the energy sector. In addition to a global, extensive and diverse energy data library, TGS offers specialized services such as advanced processing and analytics alongside cloud-based data applications and solutions.

For more information, visit TGS.com or contact:

Fredrik Amundsen
Chief Financial Officer
[email protected]

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