#Sweden #Stockholm #Boliden AB #treasury shares #share savings program

Boliden AB's Strategic Share Repurchase

Stockholm, February 11, 2025 - Boliden AB, a prominent player in the mining and metals industry, has successfully executed a significant share repurchase program. Between February 7 and 10, 2025, the company repurchased a total of 100,000 treasury shares as part of its strategy to ensure the effective operation of its long-term share savings program for the 2024/2027 period.

The Board of Directors of Boliden resolved the repurchase to align with corporate strategies focused on enhancing shareholder value and supporting employee engagement through equity participation. The shares were repurchased at a total cost of SEK 37,508,826, reflecting an average price of approximately SEK 375.43 for the purchases conducted.

Transaction Details

The transactions took place on two key dates:

• - February 7, 2025: 95,864 shares were bought at an average price of SEK 374.91, totaling around SEK 35,939,931.
• - February 10, 2025: The company acquired an additional 4,136 shares at an average price of SEK 379.33, amounting to SEK 1,568,895.

These repurchases were conducted under the governance frameworks outlined by the EU Market Abuse Regulation (MAR) and the Safe Harbour Regulation, ensuring transparency and adherence to legal standards. All transactions were executed through Nasdaq Stockholm by Skandinaviska Enskilda Banken AB, acting on behalf of Boliden.

Following the completion of these share repurchases, Boliden AB will hold a total of 140,000 treasury shares, contributing to a broader strategy of maintaining a robust and flexible capital structure. The total number of shares outstanding for Boliden stands at 273,511,169 after these transactions.

Future Outlook

Boliden's management believes that such initiatives not only bolster confidence among investors but also enhance the company’s capacity to attract and retain talent via its share savings program. This program aims to motivate employees by aligning their interests with those of shareholders, fostering a culture of ownership and accountability within the organization.

For further information regarding this transaction or other corporate updates, please contact Klas Nilsson, Director of Group Communications. The success of this share repurchase initiative underscores Boliden AB's commitment to maintaining a dynamic approach to capital management.

As Boliden continues to navigate the complexities of the metals market, strategic maneuvers such as this repurchase will be pivotal in solidifying its competitive edge and sustainability in future operations.

This news was sourced from a press release by Boliden AB. For more details, visit the official Boliden website.