Transactions Made Under the Share Buy-back Programme for Stolt-Nielsen Limited and Completion of Programme

In This Article:

Stolt-Nielsen M.S. Limited
Stolt-Nielsen M.S. Limited

Reference is made to the stock exchange announcement from Stolt-Nielsen Limited (Oslo Børs: SNI) on April 3, 2025 regarding the continuation of its 2016 share buy-back programme of up to $30,000,000, with $8,754,827.55 remaining under the programme.

The buy-back programme commenced on April 7, 2025, and is now completed.

For the period from and including May 5, 2025, through May 8, 2025, SNI purchased a total of 103,000 shares at an average price NOK 239.5063 per share. The share purchases have been made in accordance with the "safe harbor" rules, which includes a limitation of 25% of the average daily volume traded in the last 20 trading days. All transactions have been made with Euronext Oslo Børs as trading venue.

Please find below an overview of transactions.

Date

Volume (number of shares)

Weighted average price per day (NOK)

Total cost (NOK)

05.05.2025

25,000

247.3726

6,184,315

06.05.2025

25,000

241.9863

6,049,659

07.05.2025

25,000

235.0511

5,876,278

08.05.2025

28,000

234.2462

6,558,895


Total previously published repurchases under the programme:

 

Volume (number of shares)

Weighted average price per day (NOK)

Total cost (NOK)

 

300,000

225.2395

67,571,857


Total repurchases under the programme:

 

Volume (number of shares)

Weighted average price per day (NOK)

Total cost (NOK)

 

403,000

228.8859

92,241,003


A detailed overview of all completed transactions under the repurchase programme carried out during the above time period is attached hereto and available at www.newsweb.no. Following the completion of the above transactions, SNI owns a total of 5,403,000 own shares, corresponding to 9.232% of SNI’s share capital.

This information is subject to the disclosure requirements pursuant to Section 5-12 the Norwegian Securities Trading Act.


For additional information please contact:

Jens F. Grüner-Hegge
Chief Financial Officer
UK +44 (0) 20 7611 8985
j.gruner-hegge@stolt.com

About Stolt-Nielsen Limited
Stolt-Nielsen (SNL or the Company) is a long-term investor and manager of businesses focused on opportunities in logistics, distribution and aquaculture. The Stolt-Nielsen portfolio consists of its three global bulk-liquid and chemicals logistics businesses - Stolt Tankers, Stolthaven Terminals and Stolt Tank Containers - Stolt Sea Farm and various investments. Stolt-Nielsen Limited is listed on the Oslo Stock Exchange (Oslo Børs: SNI).