Buybacks of collection B shares in AB Electrolux throughout week 35, 2022

September 5, 2022

STOCKHOLM, Sept. 5, 2022 /PRNewswire/ — In the course of the interval August 29 – September 2, 2022 AB Electrolux (LEI code 549300Y3HHZB1ZGFPJ93) has repurchased in complete 895,290 personal collection B shares (ISIN: SE0016589188) as a part of the buyback program initiated by the Board of Administrators as a way to optimize the corporate’s capital construction. The buyback program that was initiated on Might 2, 2022 is hereby accomplished as a complete of 8,000,000 collection B shares have been repurchased for a complete quantity of SEK 1,138 million.

The share buybacks kind a part of the buyback program of a most of 8,000,000 collection B shares for a complete most quantity of SEK 1,250 million, which AB Electrolux introduced on April 29, 2022. The buyback program, which runs between Might 2, 2022 – October 21, 2022, is being carried out in accordance with the Market Abuse Regulation (EU) No 596/2014 (“MAR”) and the Fee Delegated Regulation 2016/1052 (the “Protected Harbour Regulation”). The target of the share buybacks is to optimize the corporate’s capital construction and the intention is to scale back Electrolux share capital by subsequent share cancellations.

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Collection B shares in AB Electrolux have been repurchased (in SEK) as follows:

Date

Aggregated every day quantity (variety of shares)

Weighted common share worth per day (SEK)

Whole every day transaction worth (SEK)

29/08/2022

210,000

135.5548

28,466,508.00

30/08/2022

250,000

138.0275

34,506,875.00

31/08/2022

310,000

136.6631

42,365,561.00

01/09/2022

35,000

130.7564

4,576,474.00

02/09/2022

90,290

130.7865

11,808,713.09

All acquisitions have been carried out on Nasdaq Stockholm by Citigroup World Markets Europe AG on behalf of AB Electrolux. Following the above acquisitions, AB Electrolux holding of personal shares as of September 2, 2022 quantities to 13,049,115 collection B shares. The full variety of shares in AB Electrolux quantities to 283,077,393.

A full breakdown of the transactions pursuant to article 5.3 of MAR and article 2.3 of the Protected Harbour Regulation is hooked up to this announcement.

For additional info, please contact:

Sophie Arnius, Investor Relations, +46 70 590 80 72
Electrolux Press Hotline, +46 8 657 65 07

This info was delivered to you by Cision http://information.cision.com

https://information.cision.com/electrolux/r/buybacks-of-series-b-shares-in-ab-electrolux-during-week-35–2022—buyback-program-completed,c3625763

The next recordsdata can be found for obtain:

SOURCE Electrolux