The Board of Directors of Castellum has today, through utilization of the authorization granted by Castellum’s Annual General Meeting held on 29 April 2026, resolved to initiate a new share buy-back program. The maximum purchase amount is SEK 1.7 billion, of which SEK 1.2 billion relates to the Board's previously communicated intention to repurchase shares for an amount equivalent to 25 percent of the income from property management for 2025 and the remainder relates to the remaining amount from the previous share buy-back program.
“Buy-backs are better than dividends when the discount is what it is. It is simple mathematics, says Pål Ahlsén”, CEO of Castellum.
Acquisitions of shares pursuant to the new share buy-back program will be 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"). Acquisitions of shares will be managed by ABG Sundal Collier, that will make its trading decisions regarding the timing of the acquisitions of Castellum's shares independently of Castellum.
The share buy-back program is subject to the following terms:
The purpose of the acquisition of own shares is to adjust the company’s capital structure, thereby efficiently contributing to an increase in shareholder value.
SEK 1.7 billion is the equivalent of 25 percent of the income from property management for 2025 (SEK 1.2 billion), plus the remaining amount, which has not yet been used for repurchases of shares, of the SEK 3.4 billion which the Board on 20 February 2026 announced that Castellum was going to repurchase shares for following the divestment of properties totaling SEK 5.6 billion.
ABG Sundal Collier has been appointed as Castellum’s advisor in relation to the acquisition of own shares.
At the time of this press release, the total number of issued shares in Castellum amounted to 492,601,452 and Castellum held 25,727,278 own shares, of which 15,075,097 shares will be cancelled in accordance with the Annual General Meeting's resolution.
For further information, please contact:
Pål Ahlsén, Chief Executive Officer, Castellum AB, +46 76 807 97 02
Christoffer Strömbäck, Acting CFO and Acting Head of Transactions, Castellum AB, +46 70 249 72 55