Boliden Launches Share Repurchase Program for 2025-2028

Boliden Initiates Share Repurchase Plan
Boliden, a leading mining and metals company, has announced an exciting new share repurchase plan aimed at promoting its long-term share savings program. This initiative has been strategically designed to enhance value for both the company and its stakeholders.
Details of the Share Repurchase
The Board of Directors of Boliden has authorized the repurchase of up to 130,000 shares on Nasdaq Stockholm. This initiative is set to take place within a specified window, allowing the company to manage its shares effectively.
Specifically, Boliden is looking to repurchase shares for a total amount not exceeding SEK 60 million. This is a crucial part of the company's long-term share savings program, designed for employees to engage with the company's growth and success.
Regulatory Compliance and Trading Decisions
To ensure transparency and compliance, the share repurchase will be conducted following the Market Abuse Regulation (EU) No 596/2014 and the Safe Harbour Regulation. The execution of trades will be managed by Skandinaviska Enskilda Banken AB (publ), known as SEB, which will make independent trading decisions based on the orders given by Boliden.
Terms and Conditions for Share Purchases
Boliden's share repurchase will adhere to specific terms and criteria designed to protect investor interests and maintain regulatory compliance. Here are the key aspects of the repurchase:
- Shares will be repurchased exclusively on Nasdaq Stockholm, following the Nordic Main Market Rulebook.
- The repurchase window starts on a defined date and has to conclude no later than the specified end date.
- Repurchased shares may not exceed 10 percent of all shares outstanding to ensure the company maintains a robust structure.
- All trades will comply with volume restrictions, ensuring that share acquisition remains within acceptable limits set forth in regulatory guidelines.
- Payments for shares will be processed in cash, ensuring straightforward transactions.
Company’s Current Share Situation
Currently, the total number of shares for Boliden is 284,225,454, with 140,000 shares held as treasury. This repurchase program underscores Boliden's commitment to its employees and shareholders alike, as participation in the long-term share savings program will benefit both parties.
Contact Information for More Details
For anyone seeking further details about this initiative, they can reach out to:
Klas Nilsson
Director Group Communications
+46 70 453 65 88
Frequently Asked Questions
What is the purpose of Boliden's share repurchase program?
The program aims to support the company's long-term share savings initiative which benefits employees and enhances shareholder value.
How many shares is Boliden planning to repurchase?
Boliden plans to repurchase up to 130,000 shares during the designated period.
What are the financial limits set for the share buyback?
The total maximum amount for the share repurchase is set at SEK 60 million.
Who will execute the repurchase of shares?
The shares will be repurchased by Skandinaviska Enskilda Banken AB (SEB) following trading decisions independent of Boliden.
When does the repurchase program commence and conclude?
The repurchase is scheduled to commence on a specific date and will conclude no later than the specified end date.
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