From July 11 to July 15, 2022, AB Electrolux (LEI code 549300Y3HHZB1ZGFPJ93) completed the repurchase of a total of 604,663 of its series B shares (ISIN: SE0016589188) as part of a buyback program aimed at enhancing the company’s capital structure.

This share buyback initiative is part of a broader program allowing for the repurchase of up to 8,000,000 series B shares, with a maximum total expenditure of SEK 1,250 million. This program was initially announced on April 29, 2022, and is scheduled to run from May 2, 2022, until October 21, 2022. The buybacks are conducted in compliance with the Market Abuse Regulation (EU) No 596/2014 (“MAR”) and the Commission Delegated Regulation 2016/1052 (the “Safe Harbour Regulation”). The primary goal of these repurchases is to optimize the company’s capital structure, with intentions to reduce Electrolux’s share capital through future cancellations of shares.