BYGGMAX GROUP AB’s SHARE BUYBACK PROGRAM COMPLETED
During the period 13 December – 16 December 2021, Byggmax Group AB (LEI code: 549300MPJPYQB0KCNH03) (”Byggmax” or the ”Company”) has repurchased in total 424,000 own shares (ISIN: SE0003303627) as part of the share buyback program initiated by the Board of Directors in order to adapt the Company’s capital structure.
The share buybacks form part of the SEK 200 million share buyback program, which Byggmax announced on September 15, 2021. Since the announcement of the share buyback program, Byggmax has repurchased a total of 2,374,000 own shares, corresponding to a capital amount of SEK 200 million. The repurchase program is thus completed since the maximum amount of the program has been reached.
The share buyback program has been 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”).
Shares in Byggmax have during the period 13 December – 16 December 2021 been repurchased as follows:
| Date | Aggregated daily volume (number of shares) | Weighted average share price per day (SEK) | Total daily transaction value (SEK) |
| 13/12/2021 | 50,000 | 90.1350 | 4,506,749.25 |
| 14/12/2021 | 22,000 | 89.6454 | 1,972,197.70 |
| 15/12/2021 | 221,894 | 88.5500 | 19,648,713.70 |
| 16/12/2021 | 130,106 | 90.6504 | 11,794,162.24 |
All acquisitions have been carried out on Nasdaq Stockholm by DNB Bank ASA, Swedish branch, on behalf of Byggmax. Following the above acquisitions, the Company’s holding of own shares amounts to 2,374,000 shares as of December 16. The total number of shares in Byggmax is 60,999,045.
A full breakdown of the transactions in accordance with article 5.3 of MAR and article 2.3 of the Safe Harbour Regulation is attached to this announcement.
For further questions, please contact:
Helena Nathhorst, CFO
Tel: +46 76-119 00 40
E-mail: helena.nathhorst@byggmax.se
Mattias Ankarberg, CEO Byggmax Group
Tel: +46 76-119 09 85
E-mail: mattias.ankarberg@byggmax.se