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Regulatory press release

Repurchase of shares in Volvo Car AB (publ) during the period 20 May - 23 May 2025

Volvo Car
Read the release

Volvo Car AB (publ) (LEI code: 5299000EAMGGBEYP7J33) ("Volvo Cars") has during the period 20 May - 23 May 2025 repurchased a total of 2,263,786 own shares of series B (ISIN code: SE0021628898) as part of the repurchases resolved by the Board of Directors in order to secure the future delivery of shares to participants in Volvo Cars' Performance Share Plans adopted by the Annual General Meeting in 2023, 2024 and 2025 and Employee Share Matching Plans adopted by the Annual General Meeting in 2024.

The repurchases have been conducted 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").

Shares in Volvo Cars have been repurchased (in SEK) as set out below:

Date

Aggregate daily volume

(number of shares)

Weighted average price per day (SEK)

Total daily transaction value (SEK)

20 May

463,786

19.0336

8,827,517.21

21 May

600,000

19.1834

11,510,040.00

22 May

600,000

18.6496

11,189,760.00

23 May

600,000

18.1738

10,904,280.00

 

All acquisitions have been made on Nasdaq Stockholm by Skandinaviska Enskilda Banken AB (publ) on behalf of Volvo Cars. After the above acquisitions, Volvo Cars' holding of own shares as of 23 May 2025 amounts to 6,667,465 shares of series B. The total number of shares in Volvo Cars amounts to 2,979,524,179 shares of series B.

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