AAK AB (publ.) (OM:AAK) commences an Equity Buyback Plan for 13,032,950 shares, representing 5% of its issued share capital, under the authorization approved on May 8, 2026.
AAK AB (publ.) (OM:AAK) commences a share repurchases on May 25, 2026, under the program mandated by the shareholders in the Annual General Meeting held on May 8, 2026. As per the mandate, the company is authorized to repurchase up to 13,032,950 shares, representing 5% of its issued share capital, such that company?s shareholding does not exceed 5% of the total number of shares in the company outstanding as of the date of the annual general meeting. The Repurchase of shares may be made on Nasdaq Stockholm at a price per share that does not exceed a price higher than the higher of the price of the last independent trade and the highest current independent purchase bid on the trading venue where the shares are traded and otherwise in accordance with the terms applicable as set forth by Nasdaq Stockholm. The purpose of the authorization is to adjust the company?s capital structure in order to contribute to shareholder value and to enable financing of acquisitions and to enable the use of repurchased shares for the company's share-related or share-based incentive programs and to ensure the company's obligations due to such programs, including the coverage of social security contributions. The authorization is valid until the next Annual General Meeting. As of April 7, 2026, the company had 260,659,002 shares in issue.
On May 8, 2026, the company announced a share repurchase program. Under the program, the company will repurchase up to 5,000,000 shares, representing 1.92% of its issued share capital for SEK 1,000 million. The purpose of the program is to adapt the company?s capital structure and thereby contribute to increased shareholder value. The program will commence on May 11, 2026 and is valid till March 15, 2027.As of May 8, 2026, the company had 260,659,002 shares and hold no shares in treasury.
AAK AB (publ), formerly AarhusKarlshamn AB (publ), is a Sweden-based company engaged in the food processing sector. The Company refines vegetable oils for specialized products. The Company is organized, along with its subsidiaries, into three business segments: the Food Ingredients segment includes baking fat, dairy fat alternatives, Ice cream fats, infant formulas and oil/fats ingredients, among others; the Chocolate & Confectionery Fats segment provides chocolate and confectionery advantages, ranging from products developed for better sensory, health and longer shelf life to cost efficiency, know-how, technology and service, and the Technical Products & Feed segment includes golden wax, fatty acids, glycerin, deinking chemicals and animal feed.
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AAK AB (publ.) (OM: AAK) commences an Equity Buyback Plan for 13,032,950 shares, representing 5% of its issued share capital, under the authorization approved on May 8, 2026.