Update on re-sale of unsecured bonds held in treasury and share buyback
07 Dezember 2023 - 3:37PM
Update on re-sale of unsecured bonds held in treasury and share
buyback
Golar LNG Limited (“Golar” or the “Company”)
announces that it has recently re-sold $30.5 million notional value
of its senior unsecured bonds maturing 20 October 2025 (ISIN
NO0011123432) which were previously held in treasury. Following the
sale, Golar maintains $130.6 million notional value of unsecured
bonds in treasury.
The Company also provides an update on its
previously announced share buyback program with total approved
amount of up to $150.0 million. Since 30 September 2023, the
company has bought back a total of 1,126,682 shares. Upon
cancellation of these shares, the total number of outstanding
shares will be reduced to 104,798,000. Of the $150.0 million
approved share buyback scheme, $92.9 million remains available for
further repurchases which will continue to be opportunistically
pursued.
Golar LNG Limited Hamilton, Bermuda December 7, 2023
This information is subject to the disclosure requirements
pursuant to Section 5-12 the Norwegian Securities Trading Act
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