Boliden resolves to repurchase its shares
Boliden's Board of Directors has approved a share repurchase program based on the authorization from the April 23, 2024 Annual General Meeting. The company plans to repurchase up to 100,000 shares on Nasdaq Stockholm between February 7-28, 2025, with a maximum expenditure of SEK 40 million.
The primary purpose is to ensure future share delivery to participants in Boliden's long-term share savings programme 2024/2027. Skandinaviska Enskilda Banken AB will execute the repurchases independently, following EU market abuse regulations and Safe Harbour rules. The company currently holds 40,000 treasury shares out of 273,511,169 total shares, and the repurchase must not exceed 10% of all shares.
Il Consiglio di Amministrazione di Boliden ha approvato un programma di riacquisto di azioni basato sull'autorizzazione dell'Assemblea Generale Annuale del 23 aprile 2024. L'azienda prevede di riacquistare fino a 100.000 azioni su Nasdaq Stoccolma tra il 7 e il 28 febbraio 2025, con una spesa massima di 40 milioni di SEK.
Lo scopo principale è garantire la futura consegna di azioni ai partecipanti nel programma di risparmio azionario a lungo termine di Boliden 2024/2027. Skandinaviska Enskilda Banken AB eseguirà i riacquisti in modo indipendente, seguendo le normative UE in materia di abuso di mercato e le regole del Safe Harbour. Attualmente, l'azienda detiene 40.000 azioni proprie su un totale di 273.511.169 azioni, e il riacquisto non deve superare il 10% di tutte le azioni.
La Junta Directiva de Boliden ha aprobado un programa de recompra de acciones basado en la autorización de la Junta General Anual del 23 de abril de 2024. La empresa planea recomprar hasta 100,000 acciones en Nasdaq Estocolmo entre el 7 y el 28 de febrero de 2025, con un gasto máximo de 40 millones de SEK.
El objetivo principal es asegurar la futura entrega de acciones a los participantes del programa de ahorro de acciones a largo plazo de Boliden 2024/2027. Skandinaviska Enskilda Banken AB llevará a cabo las recompras de forma independiente, cumpliendo con las regulaciones de abuso de mercado de la UE y las reglas de Safe Harbour. La empresa actualmente posee 40,000 acciones en tesorería de un total de 273,511,169 acciones, y la recompra no debe exceder el 10% de todas las acciones.
볼리덴 이사회는 2024년 4월 23일 연례 총회의 승인을 바탕으로 주식 재매입 프로그램을 승인했습니다. 회사는 2025년 2월 7일부터 28일까지 나스닥 스톡홀름에서 최대 100,000주를 재매입할 계획입니다, 최대 4천만 SEK를 지출할 예정입니다.
주된 목적은 볼리덴의 2024/2027 장기 주식 저축 프로그램에 참가하는 이들에게 미래의 주식을 제공하기 위함입니다. 스칸디나비아 은행 AB는 EU의 시장 남용 규정 및 세이프 하버 규정을 준수하며 독립적으로 재매입을 실행할 것입니다. 현재 회사는 총 273,511,169주 중 40,000주의 자사주를 보유하고 있으며, 재매입은 모든 주식의 10%를 초과해서는 안 됩니다.
Le Conseil d'Administration de Boliden a approuvé un programme de rachat d'actions basé sur l'autorisation de l'Assemblée Générale Annuelle du 23 avril 2024. L'entreprise prévoit de rachat jusqu'à 100 000 actions sur le Nasdaq Stockholm entre le 7 et le 28 février 2025, avec un montant maximal de dépenses de 40 millions de SEK.
Le principal objectif est d'assurer la livraison future d'actions aux participants du programme d'épargne en actions à long terme de Boliden 2024/2027. La Skandinaviska Enskilda Banken AB effectuera les rachats de manière indépendante, conformément aux réglementations de l'UE sur les abus de marché et aux règles du Safe Harbour. Actuellement, l'entreprise détient 40 000 actions propres sur un total de 273 511 169 actions, et le rachat ne doit pas dépasser 10% de l'ensemble des actions.
Der Vorstand von Boliden hat ein Aktienrückkaufprogramm genehmigt, das auf der Genehmigung der Hauptversammlung vom 23. April 2024 basiert. Das Unternehmen plant, bis zu 100.000 Aktien zurückzukaufen an der Nasdaq Stockholm zwischen dem 7. und 28. Februar 2025, mit einem maximalen Ausgabenbetrag von 40 Millionen SEK.
Das Hauptziel besteht darin, die zukünftige Lieferung von Aktien an die Teilnehmer des langfristigen Aktien- und Sparprogramms von Boliden 2024/2027 zu gewährleisten. Die Skandinaviska Enskilda Banken AB wird die Rückkäufe unabhängig durchführen, dabei die EU-Vorschriften zum Marktmissbrauch und die Safe Harbour-Regeln beachten. Das Unternehmen hält derzeit 40.000 eigene Aktien von insgesamt 273.511.169 Aktien, und der Rückkauf darf nicht mehr als 10% aller Aktien betragen.
- Implementation of share buyback program indicates strong cash position
- Buyback supports long-term employee share savings program, promoting employee retention
- Cash outflow of up to SEK 40 million for share repurchases
The repurchase of shares will be carried out in accordance with the Market Abuse Regulation (EU) No 596/2014 ("MAR") and the European Commission's Delegated Regulation (EU) No 2016/1052 (the "Safe Harbour Regulation"). The repurchase of shares will be carried out by Skandinaviska Enskilda Banken AB (publ) ("SEB") who, based on the trading order given by Boliden to SEB, will make its own trading decisions regarding the timing of the repurchases independently of Boliden.
The repurchase now resolved by the Board of Directors shall fulfil the following terms and conditions:
- Repurchases shall be made on Nasdaq Stockholm in accordance with the Nordic Main Market Rulebook for Issuers of Shares (the "Rulebook") and in accordance with MAR and the Safe Harbour Regulation.
- Repurchases of shares may be made on one or several occasions and shall commence no earlier than February 7, 2025, and shall end no later than February 28, 2025.
- A maximum of 100,000 shares in the Company may be repurchased for a total amount of up to
SEK 40 m in order to ensure delivery of shares to participants in the Programme. However, the company's holding of shares may not at any time exceed10% of all shares in the company. - Repurchases may only be made in compliance with the volume restrictions for the purchase of treasury shares as set out in the Rulebook and in the Safe Harbour Regulation. Repurchases may only be made at a price per share within the price interval applicable from time to time on Nasdaq Stockholm, i.e. the interval between the highest buying price and the lowest selling price on Nasdaq Stockholm from time to time and, in addition, the price restrictions in the Safe Harbour Regulation shall be observed.
- Payment for shares shall be made in cash.
The total number of shares in Boliden amounts to 273,511,169 shares. At the time of this press release, the company holds 40,000 treasury shares.
For further information, please contact:
Klas Nilsson
Director Group Communications
+46 70-453 65 88
klas.nilsson@boliden.com
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SOURCE Boliden
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