A total of six million Veidekke shares were traded over the stock exchange during the second quarter. Veidekke’s largest shareholders are OBOS (27.6 per cent), IF Skadeförsäkring AB (8.6 per cent), Folketrygdfondet (8.1 per cent) and 3,350 employees holding a total of 19 per cent of the shares in the company. Foreign investors hold 20.9 per cent of the shares.

During the quarter, the price of a Veidekke share fluctuated between NOK 27.50 and 35.20.

Sales of shares to senior executives

In the second quarter, senior executives were invited to purchase shares in the company. 368 persons took advantage of the offer, and bought a total of 1,630,000 shares from the Veidekke Employee Share Trust during the subscription period, 8 - 15 May. Just as the year before, the employees were given a choice between two offers: Offer A, including a 20 per cent discount and partial financial assistance, or Offer B with a 30 per cent discount and no financial assistance. The maximum number of shares per employee was 6,000. The share prices were set at NOK 22.80 and NOK 19.95, respectively, corresponding to a 20 and 30 per cent discount in the subscription period. The lock-in period is three years.

There were no buybacks of shares in the second quarter of 2009.