Repurchase of shares in Intrum AB (publ)
During the period 4 May 2021 until 6 May 2021, Intrum AB (publ) (“Intrum”) has repurchased a total of 140,000 shares as part of the buyback program introduced by the Board of Directors to secure the obligations of Intrum (including social security contributions) relating to the long-term incentive program 2021. As a result, the buyback program, which Intrum announced on 30 April 2021, is hereby completed since the maximum amount of shares (140,000) has been repurchased.
The buyback program was carried out in accordance with the Market Abuse Regulation (EU) No 596/2014 (“MAR”) and the Commission Delegated Regulation (EU) No 2016/1052 (“Safe Harbour Regulation”).During the period 4 May 2021 until 6 May 2021, shares were repurchased as follows.
|
Date |
Aggregated daily volume (number of shares) |
Weighted average share price per day (SEK) |
Total daily transaction value (SEK) |
| 4 May 2021 | 50,000 | 293.7529 | 14,687,645.00 |
| 5 May 2021 | 45,000 | 295.5373 | 13,299,178.50 |
| 6 May 2021 | 45,000 | 299.1547 | 13,461,961.50 |
All acquisitions have been carried out on Nasdaq Stockholm by Nordea Bank Abp on behalf of Intrum. Following the acquisitions above, Intrum’s holding of own shares amounts to 923,654 as per 6 May 2021. The total number of shares in Intrum is 121,720,918.
A full breakdown of the transactions conducted in accordance with article 5.3 of MAR and article 2.3 of the Safe Harbour Regulation is attached to this press release. For information about all transactions carried out under the buyback program, reference is made to Nasdaq Stockholm’s website:
For further information, please contact:
Emil Folkesson, Director Treasury and Investor Relations
+46 (0) 8 546 102 02
ir@intrum.com
The information was published, through the agency of the contact person mentioned above, on 7 May, 2021 at 14:30 CET.
Intrum is the industry-leading provider of Credit Management Services with a presence in 24 markets in Europe. Intrum helps companies prosper by offering solutions designed to improve cash flows and long-term profitability and by caring for their customers. To ensure that individuals and companies get the support they need to become free from debt is one important part of the company’s mission. Intrum has circa 10,000 dedicated professionals who serve around 80,000 companies across Europe. In 2020, revenues amounted to SEK 16,85 billion. Intrum is headquartered in Stockholm, Sweden and the Intrum share is listed on the Nasdaq Stockholm exchange. For further information, please visit www.intrum.com.