SEB: Completes second share buyback program and initiates new program
- SEB is a leading northern European financial services group with international reach
- Announced a SEK 2.5 billion buyback program of Class A shares for capital management purposes
- The Board of Directors has resolved to utilize the authorization granted by the 22 March 2022 Annual General Meeting
- The share buyback program is expected to commence on 27 October 2022 and end on 30 December 2022, at the latest
- A maximum number of shares may be repurchased so that total holding at any time does not exceed 10 percent
- Share repurchases shall take place on Nasdaq Stockholm Stock Exchange in accordance with the Nordic Main Market Rulebook
