SSAB’s share buyback program is now completed and closed

The share buyback program announced by SSAB AB (publ) on 25 October 2023 is now completed and closed, as a total of 33,217,659 own shares has been repurchased for a total amount of SEK 2.5 billion.

The share buy-back program, which SSAB announced on 25 October 2023, was initiated on 26 October 2023 and closed on 4 March 2024. SSAB has repurchased a total of 33,217,659 shares, of which 8,216,940 shares of series A and 25,000,719 shares of series B, for a total amount of SEK 2.5 billion.

The share buy-back program has been carried out in accordance with the Market Abuse Regulation (EU) No 596/2014 (“MAR”) and the Commission Delegated Regulation (EU) No 2016/1052 (the “Safe Harbour Regulation”). The Board of Directors intends to propose to the Annual General Meeting 2024 that it resolves to reduce the share capital by cancellation of the shares acquired by the company.

For further information, please contact:
Per Hillström, Head of Investor Relations, [email protected], tel. +46 702 95 29 12
Viktoria Karsberg, Head of Corporate Identity and Group Communications,
[email protected], tel. +46 72 233 5288