Norwegian warehouse automation company Autostore has completed the cancellation of 16.5 million treasury shares repurchased under the company’s share buyback programme.
The programme was launched on 13 August this year and covers buybacks of up to USD 75 million. It is expected to continue until 31 December, and the company intends going forward to continuously cancel repurchased shares.
Following the cancellation, the total number of outstanding issued shares amounts to approximately 3.41 billion, of which 59.8 million are treasury shares.
