Holmen to Repurchase Up to 3 Million Class B Shares
Holmen's Board of Directors has decided to repurchase up to 3 million class B shares on Nasdaq Stockholm. The share buyback program is set to commence on May 19, 2026, and will continue until the next Annual General Meeting.
Swedish forest industry company Holmen announced that its Board of Directors has resolved to initiate a share repurchase program. The company plans to buy back a maximum of 3 million class B shares on the Nasdaq Stockholm stock exchange. The repurchase period will begin on May 19, 2026, and extend up to the date of Holmen's next Annual General Meeting.
The primary objective of this buyback is to adjust the group's capital structure, aiming to enhance shareholder value. Holmen stated that even after the repurchase, the group's financial position will remain robust, adequately supporting ongoing business development. As of the announcement, Holmen has a total of 153.4 million outstanding shares, comprising 108.2 million class B shares.
The authorization for these repurchases was granted by the Annual General Meeting held on March 30, 2026. The transactions will be executed on Nasdaq Stockholm, adhering to the established price limitations outlined in the exchange's rulebook.
This announcement was made in accordance with the EU Market Abuse Regulation.