Scana was listed on the Oslo Stock Exchange in 1995. Scana’s shareholders comprise institutional investors, smaller investors and a few key shareholders who are members of the company’s board or management.
Scana has one class of share, with each share carrying one vote and a nominal value of NOK 1.25. The Scana share is listed on the Oslo Stock Exchange under ticker code SCI.
The number of outstanding shares as at 31. December 2010 was 167 693 750. During the year 360 000 new shares was issued in a share capital increase in connection with the company’s share option program. Authorisation to issue new shares for this purpose given by the AGM in 2010 was used by the board to implement the share capital increase. At the end of the year, the company’s own stock of shares were 113 010.
The company has the authority to buy its own shares in connection with potential acquisitions for up to 10 per cent of the company’s registered share capital as at the AGM in 2011. This authority expires on the AGM 2012