Boliden Announces Plans to Repurchase Shares on Nasdaq Stockholm

Boliden's Share Repurchase Plan

In a strategic decision aimed at enhancing shareholder value, the Board of Directors of Boliden has authorized a share repurchase program based on the approval received at the Annual General Meeting held on April 23, 2025. The company intends to repurchase up to 130,000 shares on Nasdaq Stockholm, with the transaction set to occur between October 22 and October 24, 2025, and a maximum expenditure of SEK 60 million earmarked for this initiative.

Purpose of the Share Repurchase

The primary goal of this repurchase is to ensure the future delivery of shares to participants involved in Boliden's long-term share savings program, set to last from 2025 to 2028. This program was also ratified at the 2025 Annual General Meeting. Such moves not only stabilize the market but are expected to signal to investors that the company values and supports its equity holders.

Compliance with Regulations

Boliden plans to execute this repurchase according to the European Market Abuse Regulation (MAR) and the European Commission's Delegated Regulation, known as the Safe Harbour Regulation. The financial firm Skandinaviska Enskilda Banken AB (publ), referred to as SEB, has been appointed to conduct the share repurchases. Notably, SEB will operate independently with respect to timing, adhering to a trading order provided by Boliden.

Conditions of the Repurchase

The repurchase procedures will align with stringent terms designed to ensure fairness and compliance:
1. Transactions will be made on Nasdaq Stockholm, consistent with the Nordic Main Market Rulebook for Issuers, and comply with MAR and the Safe Harbour Regulation.
2. The share repurchase initiative will commence on October 22, 2025, and conclude no later than October 24, 2025.
3. A maximum of 130,000 shares will be repurchased, with an aggregate limit of SEK 60 million, while also ensuring that Boliden's total holdings do not surpass 10% of its outstanding shares at any point.
4. Purchases will only occur within the price confines defined by the rules governing the market, specifically between the highest buying price and lowest selling price for Boliden shares during the repurchase window.
5. Payments for the shares will be executed in cash.

As of the date of this announcement, Boliden has a total of 284,225,454 shares in circulation and holds 140,000 treasury shares. This strategy highlights Boliden's ongoing commitment to enhancing shareholder returns and reflects the company's solid performance and market confidence.

For inquiries, Klas Nilsson, Director of Group Communications at Boliden, can be contacted at +46 70 453 65 88 or via email.

Boliden continues to focus on leveraging its resources and positions in the market to create value for shareholders and secure its operational strategies for the future.