ITAB's share buyback program completed - buybacks of shares in ITAB during week 12 2024

REG

The share buybacks form part of the share buyback program in a maximum amount of MSEK 50 that ITAB announced on 28 September 2023. The share buyback program ran from 29 September 2023 until 22 March 2024 when the maximum amount for share buybacks of MSEK 50 was reached. The share buy back program was carried out in accordance with the EU Market Abuse Regulation (“MAR”) and the EU Commission’s Delegated Regulation 2016/1052 (the so called “Safe Harbour Regulation”). The purpose of the repurchases is to optimise the capital structure and the intention is to reduce ITAB’s share capital through subsequent share cancellations.

During week 12, ordinary shares in ITAB have been repurchased as follows:

Date Aggregated daily volume
(number of ordinary shares)
Weighted average share price per day (SEK) Total daily transaction value (SEK)
18/03/2024 63,583 20.9007 1,328,929.21
19/03/2024 41,000 20.7892 852,357.20
20/03/2024 41,000 20.9406 858,564.60
21/03/2024 42,000 21.1102 886,628.40
22/03/2024 40,230 20.9162 841,458.73


All acquisitions have been carried out on Nasdaq Stockholm by Kepler Cheuvreux on behalf of ITAB. Following the above acquisitions, ITAB’s holding of own shares amounts to 3,079,659 ordinary shares and 4,400,000 Class C shares as of 22 March 2024. The total number of shares, including the holding of own shares, is 222,500,192, and the number of shares outstanding, excluding the holding of own shares, is 215,020,533.

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.

 

Jönköping, 25 March 2024

ITAB Shop Concept AB (publ)
 

 This information was submitted for publication at 8:30 a.m. CET on 25 March 2024.
   This is in all respects a translation of the Swedish original press release. In the event of any discrepancies between this translation and the Swedish original, the latter shall prevail.

 

Datum 2024-03-25, kl 08:30
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