Press Release Details

Asetek A/S Announces Transactions Carried Out Under the Current Share Buyback Programme in Accordance With the "Safe Harbour Method"


December 30, 2020 - On October 23, 2020, Asetek A/S launched a share buyback programme, as described in company announcement of October 23, 2020. According to the programme, Asetek A/S will in the period until March 5, 2021 buy back own shares up to a maximum value of USD 4 million and with a maximum of 381,000 shares. The share buyback programme will be implemented in accordance with Regulation (EU) no. 596/2014 of 16th April 2014 of the European Parliament and Council and  ommission Delegated Regulation (EU) no. 2016/1052, also referred to as the Safe Harbour rules.

Trading day Number of shares bought back Average purchase price (NOK) Amount (USD)
Total, latest announcement 163,414 88.2272 1,594,538.23
42: 21 December 2020 3,404 102.5580 40,182.27
43: 22 December 2020 3,979 103.7518 47,392.70
44: 23 December 2020 3,112 103.6199 37,244.72
Total accumulated over week 52/2020 10,495 103.3255 124,819.69
Total accumulated during the
share buy-back programme
173,909 89.1383 1,719,357.92

With the transactions stated above, the Company owns a total of 1,008,156 shares as treasury shares, corresponding to 3.81% of the share capital. See the enclosure for information about the individual transactions made under the share buyback programme.

About Asetek
Asetek is the global leader in liquid cooling solutions for gaming and enthusiast PCs, data centers and servers. Founded in 2000, Asetek is headquartered in Denmark and has operations in California, Texas, China and Taiwan. Asetek is listed on the Oslo Stock Exchange (ASTK.OL).

For further information, please contact:
Peter Dam Madsen, Chief Financial Officer
Mobile: +45 2080 7200, e-mail:

Asetek A/S
Assensvej 2
DK-9220 Aalborg East