EQT AB Board Approves Repurchase Plan for 5.5 Million Shares

EQT AB Announces Share Repurchase Program

EQT AB, a leading private equity firm based in Stockholm, has officially announced its decision to initiate a share repurchase program, allowing the company to buy back a maximum of 5,535,521 ordinary shares. This resolution comes following the authorization granted during the Annual Shareholders' Meeting on May 27, 2025. The buyback period is set between July 18 and September 26, 2025, signaling EQT's commitment to enhancing shareholder value and optimizing its capital structure.

Details of the Buyback Plan

The repurchase plan is designed to mitigate the dilution effect from shares issued under EQT’s Share and Option Incentive Programs for employees. With a total maximum allocated amount of SEK 2.5 billion, it underscores EQT's strategic approach to managing its equity by cancelling the repurchased shares.

Based on a recent closing price of SEK 276.0 per share on Nasdaq Stockholm, this repurchase initiative could reflect a significant investment of approximately SEK 1,528 million. EQT anticipates executing such buyback programs biannually to continuously support its shareholders and manage its capital more effectively. The firm has set this buyback to occur in compliance with the Market Abuse Regulation (EU) No 596/2014 as well as the Commission Delegated Regulation (EU) No 2016/1052, ensuring that it adheres to all legal requirements.

Strategic Purpose

The main aim of this repurchase initiative revolves around two key objectives: adjusting EQT’s capital structure and providing shares for its board members. By cancelling a portion of their shares, EQT not only reinforces its financial foundation but also aligns interests between the management and shareholders.

The buyback program will be managed by Skandinaviska Enskilda Banken AB (SEB), which will make independent trading decisions on behalf of EQT, particularly concerning the timing of the acquisitions. This structure is designed to maintain transparency and fairness throughout the transaction process.

Compliance and Execution

Conducted on the rules stipulated by Nasdaq Stockholm's Rulebook for issuers, the buybacks will be strictly executed within the price intervals specified by Nasdaq for ordinary shares. Purchases are limited by volume restrictions as outlined in both the Rulebook and the Safe Harbour Regulation, ensuring full regulatory compliance. The initiative will take effect from mid-July 2025, with shares being acquired in a transparent manner, ensuring that all transactions meet the expected standards of market integrity.

As per recent updates, EQT currently holds 57,922,610 ordinary shares out of the total of 1,235,107,956 shares that exist in the market. The board's decision to cancel 6,899,011 ordinary shares during the same meeting has already been factored into EQT's total share structure.

Conclusion

EQT's move to repurchase shares is a proactive step aimed at stabilizing its stock value amid fluctuating market conditions. This strategic repurchase plan signifies EQT's resolve to safeguard shareholder interests while adjusting its capital framework in a competitive financial landscape. As the buyback period approaches, market watchers and stakeholders will be keen to see how this affects EQT’s stock performance and overall market presence.

For further inquiries, you may contact Olof Svensson, Head of Shareholder Relations, at +46 72 989 09 15 or the EQT Press Office at [email protected].