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EQT
Transaction in Own Shares • Aug 26, 2024
2910_iss_2024-08-26_ca2ee5e8-ce87-41e2-9380-65aecc7c6d06.pdf
Transaction in Own Shares
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PRESS RELEASE 26 August 2024
Repurchases of shares by EQT AB during week 34, 2024. The current share buyback program has been finalized
Between 19 August 2024 and 23 August 2024 EQT AB (LEI code 213800U7P9GOIRKCTB34) ("EQT") has repurchased in total 389,254 own ordinary shares (ISIN: SE0012853455). In total, 2,000,000 ordinary shares, for an amount of SEK 655,619,587.41, have been repurchased and as a result, the current program has been finalized.
The repurchases form part of the repurchase program of a maximum of 2,000,000 own ordinary shares for a total maximum amount of SEK 1,000,000,000 that EQT announced on 27 May 2024. The repurchase program, which ran between 19 July 2024 and 23 August 2024, was carried out in accordance with the Market Abuse Regulation (EU) No 596/2014 and the Commission Delegated Regulation (EU) No 2016/1052.
| Date: | Aggregated volume (number of shares): |
Weighted average share price per day (SEK): |
Aggregated transaction value (SEK): |
|---|---|---|---|
| 19 August 2024 | 76,607 | 335.6943 | 25,716,533.24 |
| 20 August 2024 | 74,836 | 338.4472 | 25,328,034.66 |
| 21 August 2024 | 77,894 | 336.5894 | 26,218,294.72 |
| 22 August 2024 | 85,000 | 341.7186 | 29,046,081.00 |
| 23 August 2024 | 74,917 | 341.7882 | 25,605,746.58 |
| Total accumulated over week 34 |
389,254 | 338.8910 | 131,914,690.20 |
| Total accumulated during the repurchase program |
2,000,000 | 327.8098 | 655,619,587.41 |
EQT ordinary shares have been repurchased as follows:
All acquisitions have been carried out on Nasdaq Stockholm by Skandinaviska Enskilda Banken AB on behalf of EQT.
Following the above acquisitions and as of 23 August 2024, the number of shares in EQT, including EQT's holding of own shares is set out in the table below.
| Ordinary shares | Class C shares1 | Total | |
|---|---|---|---|
| Number of issued shares |
1,241,125,412 | 881,555 | 1,242,006,697 |
| Number of shares owned by EQT AB2 |
60,676,207 | - | 60,676,207 |
| Number of outstanding shares |
1,180,449,205 | 881,555 | 1,181,330,760 |
1 Carry one tenth (1/10) of a vote.
2 EQT AB shares owned by EQT AB are not entitled to dividends or carry votes at shareholders' meetings.
A full breakdown of the transactions is attached to this announcement.
Contact
Olof Svensson, Head of Shareholder Relations, +46 72 989 09 15 EQT Press Office, [email protected], +46 8 506 55 334
About EQT
EQT is a purpose-driven global investment organization focused on active ownership strategies. With a Nordic heritage and a global mindset, EQT has a track record of almost three decades of developing companies across multiple geographies, sectors and strategies. EQT has investment strategies covering all phases of a business' development, from start-up to maturity. EQT has EUR 246 billion in total assets under management (EUR 133 billion in fee-generating assets under management), within two business segments – Private Capital and Real Assets.
With its roots in the Wallenberg family's entrepreneurial mindset and philosophy of long-term ownership, EQT is guided by a set of strong values and a distinct corporate culture. EQT manages and advises funds and vehicles that invest across the world with the mission to future-proof companies, generate attractive returns and make a positive impact with everything EQT does.
The EQT AB Group comprises EQT AB (publ) and its direct and indirect subsidiaries, which include general partners and fund managers of EQT funds as well as entities advising EQT funds. EQT has offices in more than 25 countries across Europe, Asia and the Americas and has more than 1,800 employees.
More info: www.eqtgroup.com Follow EQT on LinkedIn, X, YouTube and Instagram