ITAB Shop Concept
ITAB's share buyback program completed - buybacks of shares in ITAB during week 12 2024
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 |
| Källa | Cision |
| 240325 ITAB PR Buyback program completed - Share Buybacks Week 12 En | |
| 240325 ITAB Buyback Appendix En Week 12 |
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