
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:
- Repurchases will adhere to the Nordic Main Market Rulebook for Issuers of Shares (“Rulebook“), MAR, and the Safe Harbour Regulation on Nasdaq Stockholm.
- Repurchases may occur on multiple occasions between February 7, 2025 and February 28, 2025.
- 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.
- 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.
- 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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SOURCE Boliden