Holmen initiates repurchase of own shares
Holmen's board of directors has decided to repurchase up to 3 million B shares on Nasdaq Stockholm. The repurchase program begins on May 8, 2025.
The forest industry company Holmen has announced a decision by its board of directors to repurchase up to 3 million of its own class B shares. The buyback will take place on the Nasdaq Stockholm exchange at prevailing market prices.
The authorization for the repurchase stems from the Annual General Meeting held on March 31, 2025. The program is set to run from May 8, 2025, until the next annual general meeting. Holmen stated the objective is to adjust the group's capital structure and create shareholder value.
The company affirmed that its financial position remains strong throughout the repurchase period, ensuring continued business development. Holmen currently holds 5,144,132 of its own shares in treasury, representing 3.2 percent of the total number of shares outstanding.
This information was submitted for publication on May 8, 2025, at 07:30 CEST.