Repurchase of own shares

The share buy-back program covered up to SEK 300 million until the next Annual General Meeting. After the buy-back program, Kungsleden's own shares amounts to 3,361,006 shares corresponding to 1.5 per cent of the capital.

The aim of the buy-back programme is to optimise the company’s capital structure, thereby increasing shareholder value. The repurchased shares shall be held in treasury and may be used for, amongst others, the financing of potential future property acquisitions. Kungsleden’s financial position is nonetheless deemed strong and capable of providing the headroom to continue to develop the business, even after completion of the resolved share buy-back. Kungsleden currently holds no shares in treasury.

Press release: "The Board of Directors of Kungsleden has decided to repurchase own shares".