Buybacks of shares of series B in Trelleborg during week 14, 2022
During the period April 4 to April 8, 2022, Trelleborg AB (LEI code 213800XY16PAWG2PAD14) has repurchased in total 717 535 own shares of series B (ISIN: SE0000114837) as part of the buyback program initiated by the Board of Directors in order adapt the company’s capital structure and thereby contribute to increased shareholder value.
The share buybacks form part of the buyback program of a maximum of 2,500,000 shares of series B for a total maximum amount of SEK 400 million, which Trelleborg announced on March 25, 2022. The buyback program, which runs between March 28, 2022, to April 26, 2022, 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 objective of the share buybacks is to start adapting the company’s capital structure and thereby contribute to increased shareholder value. The intent is that the repurchased shares later will be cancelled by resolution of upcoming Annual General Meetings.
Shares of series B in Trelleborg have been repurchased (in SEK) as follows:
| Date | Aggregated daily volume (number of shares) | Weighted average share price per day (SEK) | Total daily transaction value (SEK) |
| 20220404 | 82 893 | 224,698 | 18 625 891 |
| 20220405 | 114 637 | 223,8169 | 25 657 697 |
| 20220406 | 249 991 | 220,2192 | 55 052 818 |
| 20220407 | 177 166 | 215,8784 | 38 246 313 |
| 20220408 | 92 848 | 216,5471 | 20 105 965 |
All acquisitions have been carried out on Nasdaq Stockholm by Skandinaviska Enskilda Banken AB (publ) (SEB) on behalf of Trelleborg. Following the above acquisitions, Trelleborg’s holding of own shares as of April 8,2022, amounts to 1 393 334 shares of series B. The total number of shares in Trelleborg on the date of this press release amounts to 271,071,783, of which 28,500,000 are shares of series A and 242,571,783 are shares of series B.
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.