MTG launches SEK 300 million share repurchase program, starting on 4 September
Modern Times Group MTG AB (“MTG”) today announced that its Board of Directors has decided to launch a share repurchase program of up to SEK 300 million. The intention is to begin repurchasing shares on 4 September. The program will run until 31 December 2023. The Board of Directors’ view is that the share repurchase program will provide a flexible and sustainable increase in the value created for MTG’s shareholders.MTG continues to have a strong balance sheet and has on multiple occasions stated its intention to continue to repurchase its own shares under the authorization granted to the