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Orkla to Launch Up to NOK4 Billion Share Buyback Program

MT Newswires·09/21/2026 10:50:33
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10:50 AM EDT, 09/21/2026 (MT Newswires) -- Orkla (ORK.OL) plans to launch a share buyback program to repurchase up to 80 million shares worth 4 billion Norwegian kroner, according to a Monday release. The program will run from Tuesday to Dec. 31, 2027, with the continuation of the buyback beyond the 2027 annual general meeting subject to shareholder approval. The buyback is intended for Orkla to return excess capital to shareholders by reducing the industrial investment company's share capital.