EQT AB resolves on repurchase of own ordinary shares
Werte in diesem Artikel
STOCKHOLM, March 11, 2025 /PRNewswire/ -- The Board of EQT AB ("EQT") has resolved to repurchase a maximum of 4,931,018 own ordinary shares.
- The resolution is made by virtue of the authorization granted by the Annual Shareholders' Meeting held on 27 May 2024 to repurchase own shares.
- A maximum of 4,931,018 ordinary shares (0.4% of EQT's share capital) are to be repurchased, and the total maximum amount is SEK 2,500,000,000.
- The repurchase corresponds to approximately SEK 1,464m based on the closing price for EQT's share on Nasdaq Stockholm on 11 March 20251.
- Repurchases may be made during the period 12 March – 16 May, 2025.
- As previously communicated, EQT expects to execute share buyback programs twice a year to offset - over time - the dilution impact from shares delivered to EQT's employees under its Share and Option incentive programs.
- Together with the share buyback program completed in August 2024, the buyback corresponds to the maximum potential dilution for the 2024 Share and Option incentive programs.
Purpose and terms
The purpose of the repurchase program is to adjust EQT's capital structure (by way of cancellation of shares). The repurchase program will be carried out in accordance with the Market Abuse Regulation (EU) No 596/2014 ("MAR") and the Commission Delegated Regulation (EU) No 2016/1052 (the "Safe Harbour Regulation"). The repurchase program will be managed by Skandinaviska Enskilda Banken AB ("SEB") that, based on the trading order given by EQT to SEB, makes its trading decisions regarding timing of the acquisitions independently of EQT.
The repurchase program resolved by the Board is subject to the following terms:
The number of shares in EQT as of the date of this press release is set out in the table below.
Ordinary shares | Class C shares2 | Total | |
Number of issued shares3 | 1,241,510,911 | 496,056 | 1,242,006,967 |
Number of shares owned by EQT AB4 | 59,924,191 | - | 59,924,191 |
Number of outstanding shares | 1,181,586,720 | 496,056 | 1,182,082,776 |
1) SEK 296.8 / share.
2) Carry one tenth (1/10) of a vote. Includes 385,499 C shares reclassified to ordinary shares resolved by the Board on 11 March 2025, pending registration.
3) Total number of shares in EQT AB, i.e. including the number of shares owned by EQT AB.
4) EQT AB shares owned by EQT AB are not entitled to dividends and carry no votes at shareholders' meetings.
Contact
Olof Svensson, Head of Shareholder Relations, +46 72 989 09 15
EQT Press Office, press@eqtpartners.com, +46 8 506 55 334
This information was brought to you by Cision http://news.cision.com
https://news.cision.com/eqt/r/eqt-ab-resolves-on-repurchase-of-own-ordinary-shares,c4117630
The following files are available for download:
EQT - Share buyback - Press release (launch 11 Mar 2025) EN | |
EQT Group Office |
View original content:https://www.prnewswire.co.uk/news-releases/eqt-ab-resolves-on-repurchase-of-own-ordinary-shares-302398966.html
Ausgewählte Hebelprodukte auf EQT
Mit Knock-outs können spekulative Anleger überproportional an Kursbewegungen partizipieren. Wählen Sie einfach den gewünschten Hebel und wir zeigen Ihnen passende Open-End Produkte auf EQT
Der Hebel muss zwischen 2 und 20 liegen
Aktuelle EQT Aktie News
EQT Analysen
Um die Übersicht zu verbessern, haben Sie die Möglichkeit, die Analysen für EQT nach folgenden Kriterien zu filtern.
Alle: Alle Empfehlungen
| Datum | Rating | Analyst | |
|---|---|---|---|
| 26.10.18 | EQT Market Perform | BMO Capital Markets | |
| 23.05.18 | EQT Buy | Stifel, Nicolaus & Co., Inc. | |
| 14.02.18 | EQT Outperform | Wolfe Research | |
| 12.02.18 | EQT Outperform | RBC Capital Markets | |
| 26.09.17 | EQT Buy | Seaport Global Securities |