Kindred Group plc (OM:KIND SDB) commences share repurchases on July 26, 2021, under the program mandated by the shareholders in the Extraordinary General Meeting held on June 10, 2021. As per the mandate, the company will repurchase up to 23,012,620 ordinary shares/SDRs. The minimum price that may be paid for the shares/SDRs is SEK 1 per share/SDR exclusive of tax. The maximum price that may be paid for the shares/SDRs is SEK 300 per share/SDRs exclusive of tax. The repurchased shares will either be cancelled, or used as consideration for an acquisition or will be issued to employees under a share option program or share performance scheme. The objective of the buyback is to achieve added value for the company's shareholders and to give the Board increased flexibility with the company's capital structure. The program shall expire at the conclusion of the next Annual General Meeting in 2022.

On July 23, 2021, the company announced a share repurchase program. Under the program, the company will repurchase up to 6,000,000 shares, such that the company's holding in treasury together with the shares repurchased does not exceed 10% of its issued share capital at any point of time for SEK 600 million. The shares will be repurchased within the recorded interval, i.e. the interval between the highest buying price and the lowest selling price. The repurchased shares will be cancelled. The purpose of the program is to return excess cash to the company's shareholders. The repurchases will commence from July 26, 2021 and expire on September 26, 2021 and from October 28, 2021 to December 17, 2021. As of July 23, 2021, the company has 230,126,200 shares issued and outstanding and 2,834,839 shares in treasury.