Corem Property Group AB (publ) (LEI code: 213800CHXQQD7TSS1T59) ("Corem") has during 6-9 July 2026 repurchased in total 3,300,000 own ordinary shares of Class B, 4,900 own ordinary shares of Class D and 4,509 own preference shares as part of the two parallel share buy-back programs which were initiated by the board of directors of Corem and announced by Corem on 27 April 2026, (“Share buy-back program”) and (“Share buy-back Safe Harbour”).
The Safe Harbour share buyback program is thereby terminated, in accordance with the communicated end date 9 July 2026. The Safe Harbour share buy-back program is being carried out in accordance with the EU Market Abuse Regulation (EU) No 596/2014 ("MAR") and the Commission Delegated Regulation (EU) 2016/1052 (the "Safe Harbour Regulation").
The ordinary share buyback program remains active. The share buy back program is made in accordance with the authorization granted by the Annual General Meeting and the cancellation of treasury shares at the Extraordinary General Meeting on 2 July 2026, which created renewed capacity for further share repurchases.
The purpose of the repurchases is to optimize and improve Corem's capital structure and thereby create increased shareholder value. Through buybacks, Corem increases the earnings per Class A and B ordinary shares, as well as net asset value per Class A and B ordinary share.
Own shares in Corem has been repurchased in accordance with the following:
|
Date |
Share class |
Aggregated daily volume (number of shares) |
Weighted average share price per day (SEK) |
Total daily transaction value (SEK) |
|
2026-07-06 |
Class B |
750,000 |
2.3335 |
1,750,125 |
|
2026-07-06 |
Class D |
1,500 |
228.6333 |
342,950 |
|
2026-07-06 |
Preference shares |
1,500 |
231.4000 |
347,100 |
|
2026-07-07 |
Class B |
750,000 |
2.3280 |
1,746,000 |
|
2026-07-07 |
Class D |
1,500 |
228.0387 |
342,058 |
|
2026-07-07 |
Preference shares |
1,431 |
230.7764 |
330,241 |
|
2026-07-08 |
Class B |
1,800,000 |
2.2633 |
4,073,940 |
|
2026-07-08 |
Class D |
1,900 |
226.9161 |
431,141 |
|
2026-07-08 |
Preference shares |
1,578 |
230.7782 |
364,168 |
No shares were repurchased on 2026-07-09.
All acquisitions have been carried out on Nasdaq Stockholm by Carnegie Investment Bank AB (publ) on behalf of Corem. Following the above listed repurchases Corem's holding of own shares as per 9 July 2026 amounts to 25,000,007 own ordinary shares of Class B, 43,533 own ordinary shares of Class D and 43,762 own preference shares.
The total number of shares in Corem amounts to 1,273,568,990 shares, of which 90,210,440 are ordinary shares of Class A, 1,163,750,254 are ordinary shares of Class B, 7,358,622 are ordinary shares of Class D and 12,249,674 are preference shares.
A full breakdown of transactions pursuant to article 5.3 of MAR and article 2.3 of the Safe Harbour Regulation is attached to this announcement.
Corem Property Group AB (publ)
FOR FURTHER INFORMATION, PLEASE CONTACT
Rutger Arnhult, CEO, +46 70 458 24 70, rutger.arnhult@corem.se
Eva Landén, Deputy CEO, +46 10 482 76 50, eva.landen@corem.se
Corem Property Group AB (publ)
Address: P.O. Box 56085, SE-102 17 Stockholm
Visitors: Riddargatan 13 C
Reg.no: 556463-9440
www.corem.se
This press release is in all respects a translation of the Swedish original press release. In the event of any discrepancies between this translation and the Swedish original, the latter shall prevail.
Corem Property Group is a real estate company that in a sustainable way owns, manages and develops commercial properties in urban and growth areas. Corem Property Group is listed on Nasdaq Stockholm, Large Cap.