MTG repurchased own shares during week 37
Modern Times Group MTG AB announced it repurchased a total of 67,000 own class B shares during week 37. The buy-backs are part of a larger share repurchase program valued at a maximum of SEK 500 million.
Modern Times Group MTG AB (publ) repurchased a total of 67,000 of its own class B shares during the period from September 7 to September 11, 2026. These repurchases were executed under the share buy-back program initiated by the company's Board of Directors.
The repurchases are part of a larger program to buy back shares up to a maximum amount of SEK 500 million, which MTG initially announced on May 21, 2026. This program commenced on May 22, 2026, and is scheduled to conclude on May 7, 2027. The transactions are being carried out in accordance with Regulation (EU) No 596/2014 on market abuse.
Repurchasing own shares is a common corporate financial strategy, often aimed at enhancing earnings per share or returning capital to shareholders. MTG's decision to implement a buy-back program of this scale indicates a strategic focus on capital management and shareholder value.
The specific buy-back activities during week 37 represent ongoing execution of the program. MTG is expected to continue its share repurchases in line with the announced schedule and regulatory requirements, providing periodic updates on its progress.