MTG launches SEK 500 million share repurchase program
Summary
MTG's Board resolved to launch a share repurchase program of up to SEK 500 million, to run from 22 May 2026 until 7 May 2027, using the authorization granted at the 2026 Annual General Meeting. The program aims to adjust the group's capital structure by reducing share capital through redemption of repurchased shares, subject to approval at the 2027 Annual General Meeting. If fully utilized, the repurchases would equal about one third of MTG's 2025 levered free cash flow and approximately 3% of the company's current market capitalization. Repurchases will be executed on Nasdaq Stockholm in accordance with Nasdaq rules, MAR and the Safe Harbour Regulation, with SB1 Markets managing trading decisions independently. MTG currently has 123,309,285 shares outstanding and holds 3,807,000 Class B treasury shares, which the 2026 AGM resolved to cancel pending registration; payment for repurchased shares will be in cash.
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