Hemnet Group AB (publ)

04/28/2025 | Press release | Distributed by Public on 04/28/2025 00:02

Buy-back of shares in Hemnet during 21 - 25 April 2025 - buy-back program completed

Published: 2025-04-28 08:00:00 CEST Hemnet Group AB - Changes in company's own shares Buy-back of shares in Hemnet during 21 - 25 April 2025 - buy-back program completed

Hemnet Group AB (publ) (LEI code: 5493008VIU67J3HUAR07) ("Hemnet") has during 21 April to 25 April 2025 repurchased in total 13,000 own ordinary shares (ISIN code: SE0015671995) as part of the share buy-back program initiated by the board of directors of Hemnet in order to adjust Hemnet's capital structure. The buy-back program that was announced on 25 April 2024 is hereby completed and a total of 1,276,528 ordinary shares have been repurchased for a total amount of SEK 449.8 million.

The share buy-backs form part of the share buy-back program of maximum SEK 450,000,000 announced by Hemnet on 25 April 2024. The share buy-back program is being carried out in accordance with the EU Market Abuse Regulation (EU) No 596/2014 ("MAR") and the Commission Delegated Regulation (EU) 2016/1052 (the "Safe Harbour Regulation"). The purpose of the share buy-back program is to adjust Hemnet's capital structure by reducing its share capital.

Ordinary shares in Hemnet have been repurchased in accordance with the following:

Date Aggregated daily volume (number of shares) Weighted average share price per day (SEK) Total daily transaction value (SEK)
21-April-2025 0 - -
22-April-2025 4,500 375.5663 1,690,048
23-April-2025 2,500 381.2415 953,104
24-April-2025 2,500 378.2188 945,547
25-April-2025 3,500 346.5270 1,212,845

All acquisitions have been carried out on Nasdaq Stockholm by Carnegie Investment Bank AB (publ) on behalf of Hemnet. Following the above listed repurchases, Hemnet's holding of own shares as per 25 April 2025 amounts to 1,513,979 ordinary shares. The total number of shares in Hemnet is 96,571,749.

A full breakdown of the transactions pursuant to article 5.3 of MAR and article 2.3 of the Safe Harbour Regulation is attached to this announcement.

For more information, please contact:

Press enquiries
Staffan Tell, Head of PR
M: +46 733 67 66 85
E: staffan.tell@hemnet.se

IR enquiries
Ludvig Segelmark, Head of IR
M: +46 70 250 14 40
E: ludvig.segelmark@hemnet.se

About Hemnet
Hemnet operates the leading property platform in Sweden. The company emerged as an industry initiative in 1998 and has since transformed into a "win-win" value proposition for the housing market. By offering a unique combination of relevant products, insights and inspiration, Hemnet has built lasting relationships with buyers, sellers, and agents for more than 20 years. Hemnet shares a mutual passion for homes with its stakeholders and is driven by being an independent go-to-place for people to turn to for the various housing needs that arise through life. This is mirrored in the Company's vision to be the key to your property journey, supplying products and services to improve efficiency, transparency and mobility on the housing market. Hemnet is listed on Nasdaq Stockholm ('HEM').

Follow us: hemnetgroup.com / Facebook / LinkedIn / Instagram

Image Attachments
Fasadbild Sergelgatan Hemnet

Attachments:
Buybacks Weekly Summary EN 21 Apr 25 April.pdf https://attachment.news.eu.nasdaq.com/ab5e2a75cbd275bca35c81a09f1c0deea
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