The board of directors of Byggmax Group AB has decided to exercise the authorization granted by the 2026 annual general meeting and initiate repurchases of own shares. The maximum amount for which shares may be repurchased may not exceed SEK 60 million.
Byggmax has a strong financial position. Despite investments in organic growth and dividends to shareholders, the cash flow from operations has further strengthened the Company's position compared to the same time last year (end of the third quarter). The introduction of a share buy-back program aims to adapt the Company's capital structure and contribute to increased shareholder value. Byggmax will also after the repurchase of own shares have a strong financial position that enables the Company's growth strategy going forward. The board intends to continuously evaluate how the Company's capital structure can be adapted to contribute to increased shareholder value. In addition to dividends in accordance with the dividend policy, it is the board's long term ambition to carry out further repurchases of its own shares.
The buy-back program 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 buy-back program will be managed by an investment firm or credit institution that makes its trading decisions regarding the timing of the buy-backs of the Company's shares independently of and without influence from Byggmax.
The buy-back program is subject to the following conditions:
It is the Board's intention to propose that the repurchased shares will be withdrawn through a reduction in the share capital.
Reporting will take place to Nasdaq Stockholm in accordance with current rules. The transactions will also be published on the Company's website.
The Company's current holding of own shares is 0. The total number of outstanding shares in the Company is 58,625,045.
For further information, please contact:
Helena Nathhorst, CFO Byggmax Group
Mobile: +46 76 119 00 40
E-mail: helena.nathhorst@byggmax.se
Karl Sandlund, CEO Byggmax Group
Mobile: +46 76 119 01 84
E-mail: karl.sandlund@byggmax.se
This information is information that Byggmax Group AB is obliged to make public pursuant to the EU Market Abuse Regulation. The information was submitted for publication, through the agency of the contact person set out above, at 08:15 CEST on October 20, 2026.