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Thursday 26 August, 2021

TGS

TGS Share Repurchase

TGS Share Repurchase

Oslo, Norway (26 August 2021) – On period from 19 August 2021 to 25 August 2021, TGS ASA (TGS) purchased 61,185 own shares on the Oslo Stock Exchange at an average price of NOK 96.4966 per share. Following the purchase TGS holds 779,890 own shares, representing 0.665% 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)
19-Aug-21 20,000 96.4727 1,929,454
20-Aug-21 20,000 94.5655 1,891,310
24-Aug-21 20,000 98.3827 1,967,654
25-Aug-21 1,185 97.6600 115,727
       
       
       
Previously disclosed buy-backs under the program (accumulated) 653,605 116.4039 76,082,196
Accumulated under the buy-back program 714,790 114.6999 81,986,341
 
The issuer's holding of own shares:    
Following the completion of the above transactions, TGS owns a total of 779,890 own shares, corresponding to 0.665% 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:

Sven Børre Larsen
Chief Financial Officer
[email protected]

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