MTG repurchased own shares during week 35

Modern Times Group MTG AB (MTG) has repurchased a total of 56,000 of its own class B shares during week 35, covering the period from August 24 to August 28, 2026. These repurchases were conducted under the share buyback program initiated by the company's Board of Directors.

The buybacks are part of a larger share repurchase program, valued at a maximum of SEK 500 million, which MTG initially announced on May 21, 2026. The program is scheduled to run from May 22, 2026, up to and including May 7, 2027, and is being executed in compliance with the EU's Market Abuse Regulation.

MTG operates as an international entertainment group with a diverse portfolio, including gaming, streaming, and media. Share repurchases are typically employed by companies to return capital to shareholders and can signal management's confidence in the company's valuation and future prospects.

No further details regarding the specific motivations behind these particular transactions or their impact on MTG's ongoing operations were provided in the announcement. The company is adhering to regulatory requirements for reporting such activities.