Alimak Group AB (publ) (OM:ALIG) commences share repurchases on December 17, 2021, under the program mandated by the shareholders in the Annual General Meeting held on May 6, 2021. As per the mandate, the company is authorized to repurchase its own shares such that its holding does not exceed one tenth of all shares in the company. The shares will be repurchased at a price within the stock market price interval registered at any given time, such interval being the interval between the highest purchase price and the lowest sales price.

The shares will be repurchased in cash. The purpose of the program is to adjust the company's capital structure, create value for shareholders, provide the opportunity to offer own shares as payment in relation to acquisitions, be able to meet commitments under call option programs and to cover the costs of issued incentive programs. The authority will be valid till the Annual General Meeting 2022.