SEB completes latest share buyback program
SEB has completed its latest share buyback program under which SEK 1.25 billion of Class A shares has been repurchased.
On 24 October 2023, SEB announced a SEK 1.25 billion share buyback program for capital management purposes. The repurchases of shares began on 26 October 2023 and ended on 29 December 2023. During that period, SEB repurchased 9,739,700 of its own Class A shares at an average price per share of SEK 128.34, for a total purchase amount of SEK 1.25 billion. Repurchased shares are expected to be cancelled during the first half of 2024.
As of 29 December 2023, the total number of issued shares in SEB amounted to 2,139,983,495 and SEB held 67,299,656 own shares, of which 40,147,190 were repurchased for capital purposes.
Information about the repurchases under the share buyback program is published weekly on sebgroup.com (http://www.sebgroup.com).