The Board of Directors of Holmen has decided to exercise its authorisation from the Annual General Meeting held on 16 April 2024 to buy back own shares for future delivery of shares to participants in Holmen's long-term share savings program.
Repurchases may amount to a maximum of 50 000 shares of class B during the period from and including 29 April 2024 until 31 May 2024, on one or several occasions. The shares will be bought on Nasdaq Stockholm in accordance with its Issuer Rules, at a price per share within the price range on Stockholm Nasdaq at any given time, by which is meant the range between the highest buying price and the lowest selling price published continuously by Nasdaq Stockholm.
The purpose of the repurchase is to ensure future delivery of shares to participants in Holmen's long-term share savings program.
At the time of this press release, Holmen holds 3 289 969 of its own class B shares in treasury, corresponding to 2 per cent of the total number of shares in the company.
For more information, please contact:
Stina Sandell, Senior Vice President Sustainability and Communications, Holmen, +46 739 86 51 12