Holmen Completes Share Buyback Program
Forest products company Holmen has concluded its share buyback program, repurchasing 3 million Class B shares and reducing its total outstanding shares by 2 percent.
Forest products company Holmen announced on May 28, 2026, the completion of its share buyback program. The Board of Directors had resolved on May 18, 2026, to repurchase up to 3 million Class B shares. This execution of the program has reduced the number of outstanding shares in the company by 2 percent.
Between May 20 and May 27, 2026, Holmen acquired the full 3 million Class B shares at an average price of SEK 315 per share. Following these repurchases, Holmen's total holding of its own Class B shares amounts to 3,577,790. The total number of outstanding shares is now 150,434,534, consisting of 45,246,468 Class A shares and 105,188,066 Class B shares.
President and CEO Henrik Sjölund stated that repurchases of own shares serve as an effective method to adjust the capital structure, aiming to create increased shareholder value while simultaneously boosting forest ownership per share. Sjölund affirmed that the Group's financial position remains strong post-buyback, providing the company with the flexibility to continue its business development.