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Besqab initiates share buy-back programmes of up to SEK 50 million

Regulatorisk information
The Board of Directors of Besqab AB (publ) ("Besqab" or the "Company") has today, pursuant to the authorisation granted by the Annual General Meeting held on 29 April 2026, resolved to initiate two share buy-back programmes regarding the Company’s ordinary shares for a total amount of up to SEK 50 million. The first buy-back programme amounts to a maximum of SEK 25 million and will run until 24 October 2026. It is structured in accordance with the EU Market Abuse Regulation (MAR) and the Safe Harbour Regulation. The second buy-back programme amounts to SEK 25 million and will run until 24 October 2026, and is structured in accordance with Nasdaq Stockholm’s Rulebook. The purpose of the share buy-backs is to provide the Board with increased flexibility and the opportunity to adapt and improve the Company’s capital structure, thereby creating additional shareholder value, as well as to take advantage of potential attractive acquisition opportunities.

Terms and conditions of the first buy-back programme

The first buy-back programme (the “Programme 1”) will be carried out in accordance with the EU Market Abuse Regulation (EU) No 596/2014 (“MAR”) and the Commission Delegated Regulation (EU) No 2016/1052 (the “Safe Harbour Regulation”).

Repurchases under Programme 1 will be executed by an investment firm or credit institution, which will make its trading decisions regarding the timing of the repurchases independently of Besqab.

 

The purpose of Programme 1 is:

  • to reduce Besqab’s share capital in order to optimise the Company’s capital structure and thereby contribute to increased shareholder value; and
  • to meet obligations under Besqab’s incentive programme 2024/2027, resolved at the Annual General Meeting on 3 June 2024.

 

Repurchases under Programme 1 shall be carried out on Nasdaq Stockholm in accordance with Nasdaq Stockholm’s Rulebook for Issuers on the Main Market, MAR and the Safe Harbour Regulation, and on the following terms:

  • Repurchases may be made on one or several occasions during the period from 9 June 2026 up to and including 24 October 2026. The total holding of treasury shares may at no time exceed three (3) per cent of all ordinary shares in Besqab.
  • The maximum amount for which shares may be repurchased shall not exceed SEK 25 million.
  • Acquisitions shall be made in accordance with Nasdaq Stockholm’s Rulebook for Issuers and subject to applicable price limitations. This means that shares may not be acquired at a price higher than the higher of the price in the last independent trade and the highest current independent bid on the trading venue where the purchase is carried out.
  • Payment for acquired shares shall be made in cash.

 

Terms and conditions of the second buy-back programme

Repurchases under the second buy-back programme (the “Programme 2”) may be carried out on one or several occasions during the period from 9 June 2026 up to and including 24 October 2026.

  • The maximum amount for which shares may be repurchased shall not exceed SEK 25 million.
  • The total holding of treasury shares may at no time exceed three (3) per cent of all ordinary shares in Besqab.
  • Repurchases shall be carried out on Nasdaq Stockholm in accordance with Nasdaq Stockholm’s Rulebook for Issuers on the Main Market and subject to applicable price limitations. This means that shares may not be acquired at a price higher than the higher of the price in the last independent trade and the highest current independent bid on the trading venue where the purchase is carried out.

 

Disclosure and reporting of executed repurchases

Completed repurchases of own shares under Programme 1 and Programme 2 will be disclosed and reported in accordance with MAR and Nasdaq Stockholm’s Rulebook for Issuers on the Main Market.

 

Total number of shares and treasury shares

As of the date of this press release, the total number of shares in Besqab amounts to 115,246,457, of which 103,570,025 are ordinary shares and 11,676,432 are Class PREF B shares. Besqab holds zero (0) treasury shares as of the date of this press release.

 

 

About Besqab

Besqab AB (publ) develops sustainable, high-quality residential housing in sought-after locations in Greater Stockholm and Uppsala. The business also includes development of community services for external ownership or own management. The company is listed on Nasdaq Stockholm. More information at www.besqab.se

For more infomation, please contact:
Magnus Sundell, CFO, e: [email protected], t: +46 70 
602 76 75