Norway | Agreement

Yara International ASA share buy-backs

Yara International ASA purchased yesterday 80,000 own shares in the market at an average price of NOK 259.3788.

11/28/2013

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Yara International ASA purchased yesterday 80,000 own shares in the market at an average price of NOK 259.3788.

The transaction is part of a buy-back program, authorized by the Annual General meeting held 13 May 2013. The AGM authorized Yara to buy back up to 5% of Yara's shares (13,925,045 shares) before the 2014 AGM.

Yara has renewed its agreement with the Norwegian State according to which the State's shares will be redeemed on a pro-rata basis to ensure that the State's ownership is unchanged when shares are cancelled.

After this transaction Yara holds 1,290,000 own shares acquired as part of its current buy-back program.