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Trelleborg
Transaction in Own Shares • Aug 28, 2023
2985_iss_2023-08-28_41989674-f6fc-483b-913a-65cda241cbc7.pdf
Transaction in Own Shares
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Press release Trelleborg, August 28, 2023 15:00:00
Buybacks of shares of series B in Trelleborg during week 34, 2023
During the period August 21 to August 25, 2023, Trelleborg AB (LEI code 213800XY16PAWG2PAD14) has repurchased in total 436,979 own shares of series B (ISIN: SE0000114837) as part of the buyback program initiated by the Board of Directors in order to adapt the company's capital structure and thereby contribute to increased shareholder value.
The share buybacks form part of the buyback program of a maximum of 24,000,000 shares of series B for a total maximum amount of SEK 5,500 million, which Trelleborg announced on April 27, 2023. The buyback program, which runs between April 28, 2023, to the day prior to the 2024 Annual General Meeting is being 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 purpose of the Board of Directors' decision is to adapt the company's capital structure and thereby contribute to increased shareholder value. The intent is that the repurchased shares later will be canceled by resolution of upcoming Annual General Meetings.
| Date | Aggregated daily volume (number of shares) |
Weighted average share price per day (SEK) |
Total daily transaction value (SEK) |
|---|---|---|---|
| 20230821 | 94,000 | 271.0285 | 25,476,679 |
| 20230822 | 93,000 | 270.799 | 25,184,307 |
| 20230823 | 74,979 | 269.7022 | 20,222,001 |
| 20230824 | 88,000 | 271.3167 | 23,875,869 |
| 20230825 | 87,000 | 271.0092 | 23,577,800 |
Shares of series B in Trelleborg have been repurchased (in SEK) as follows:
All acquisitions have been carried out on Nasdaq Stockholm by Skandinaviska Enskilda Banken AB (publ) (SEB) on behalf of Trelleborg. Following the above acquisitions, Trelleborg's holding of own shares as of August 25, 2023, amounts to 6,612,475 shares of series B. The total number of shares in Trelleborg on the date of this press release amounts to 255,125,919, of which 28,500,000 are shares of series A and 226,625,919 are shares of series B.
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.
Contacts
Media: Senior Vice President Group Communications & HR Patrik Romberg, +46 (0)410 67094, +46 (0)704 551104, [email protected]
Investors/analysts: Vice President IR Christofer Sjögren, +46 (0)410 67068, +46 (0)708 665140, christofer. [email protected]
About Us
Trelleborg is a world leader in engineered polymer solutions that seal, damp and protect critical applications in demanding environments. Its innovative solutions accelerate performance for customers in a sustainable way. In 2022, The Trelleborg Group had annual sales of approximately SEK 30 billion in around 40 countries. The Group comprises two business areas: Trelleborg Industrial Solutions and Trelleborg Sealing Solutions. The Trelleborg share has been listed on the Stock Exchange since 1964 and is listed on Nasdaq Stockholm, Large Cap. www.trelleborg.com
Attachments
Buybacks of shares of series B in Trelleborg during week 34, 2023 Trelleborg Transactions W34