Reference is made to company announcement No 90 of 23 August 2022, where the company announced its plan to buy up to 8,000,000 own shares in connection with the company`s share buy-back plan.
On 26 August, the company purchased 22.900 shares at an average price of 6,8862 NOK. An overview of the transactions, and a detailed specification of each individual trade, are attached to this announcement and available at www.newsweb.no.
After these transactions, ECIT AS owns a total of 1,239,716 shares, corresponding to 0.27 % of the company`s total registered share capital.
Transactions and specification overview.pdf
ECIT was founded in 2013 and support a large customer base with accounting, payroll, and a broad range of IT services. ECIT has a well-proven model for acquisition and integration, ensuring proximity to customers and local entrepreneurship combined with the strength of a larger international group. ECIT has a proforma revenue (2021) of 2.6 billion NOK and +2,200 employees across 10 countries. M&A has been a key driver of the Company's growth and ECIT has completed more than 130 acquisitions since 2013.
Read more at: www.ecit.com