Diös initiates share buyback program
The Board of Directors of Diös Fastigheter AB (publ) has today resolved to utilize the authorization granted by the Annual General Meeting 2025 to initiate a share buyback program. The buybacks will be carried out on Nasdaq Stockholm and will continue until the Annual General Meeting 2026.
The purpose of the buyback program is to optimize the company’s capital structure in order to create increased shareholder value. The decision is based on the company’s strong and stable cash flows and the assessment that the Diös share is trading at a relatively significant discount to its current net asset value.
The buyback program is not expected to impose any limitations on, or have any negative impact on, the company’s financial position. The dividend policy remains unchanged, and the company’s long-term growth strategy continues to focus on investments in the existing portfolio, new developments and acquisitions. Accordingly, the share buybacks will not be carried out at the expense of property investments or value creation in the core business.
Repurchased shares may be used as consideration in potential future acquisitions.
The Board’s resolution covers share buybacks of up to a maximum amount of SEK 200 million. Buybacks may only be executed on Nasdaq Stockholm within the prevailing price interval between the highest bid price and the lowest ask price, and otherwise in accordance with Nasdaq Stockholm’s Rulebook for Issuers and the EU Market Abuse Regulation (MAR). Reporting of completed buybacks will be made in accordance with applicable regulations.
The total number of shares in Diös amounts to 141,785,165, and at the time of this press release the company holds no treasury shares.
ABG Sundal Collier has acted as financial adviser.
For further information, please contact:
| David Carlsson, CEO, Diös Phone: +46 10-470 95 01 E-mail: david.carlsson@dios.se | Johan Dernmar, Chief Investor Relations Officer Telefon: +46 10-470 95 20 E-mail: johan.dernmar@dios.se |