Boliden Authorizes Share Repurchase Program “`

87280f15076148b888d56d8f73438eb7 Boliden resolves to repurchase its shares

STOCKHOLM, February 7, 2025 — Boliden’s Board of Directors has authorized the repurchase of up to 100,000 shares on Nasdaq Stockholm from February 7, 2025 to February 28, 2025, for a maximum of SEK 40 million. This repurchase is to fulfill Boliden’s 2024/2027 long-term share savings program, as approved at the April 23, 2024 Annual General Meeting.

The share buyback will comply with Market Abuse Regulation (EU) No 596/2014 (“MAR“) and the European Commission’s Delegated Regulation (EU) No 2016/1052 (the “Safe Harbour Regulation“). Skandinaviska Enskilda Banken AB (publ) (“SEB“) will execute the repurchases independently, based on Boliden’s trading orders.

The Board’s resolution includes these terms:

  1. Repurchases will adhere to the Nordic Main Market Rulebook for Issuers of Shares (“Rulebook“), MAR, and the Safe Harbour Regulation on Nasdaq Stockholm.
  2. Repurchases may occur on multiple occasions between February 7, 2025 and February 28, 2025.
  3. A maximum of 100,000 shares will be repurchased for up to SEK 40 million to supply the Programme. Boliden’s shareholding will not exceed 10% of all outstanding shares.
  4. Repurchases must follow volume restrictions outlined in the Rulebook and the Safe Harbour Regulation. Prices will be within the current Nasdaq Stockholm bid-ask spread and adhere to Safe Harbour restrictions.
  5. Payment will be made in cash.

Boliden has 273,511,169 shares outstanding. Currently, the company holds 40,000 treasury shares.

For further information, please contact:
Klas Nilsson
Director Group Communications
+46 70-453 65 88

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Press release

 

SOURCE Boliden

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