Trelleborg AB (OM:TREL B) commences an Equity Buyback Plan for 25,272,178 shares, representing 9.32% for SEK 5,000 million, under the authorization approved on April 27, 2022.

Trelleborg AB (publ) (OM:TREL B) commences share repurchases on April 28, 2022, under the program mandated by the shareholders in the Annual General Meeting held on April 27, 2022. As per the mandate, the company is authorized to repurchase 25,272,178 class B shares, representing 9.32% of its issued share capital, 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 5,000 million. The shares will be repurchased at a price which falls within the prevailing price interval registered at each point in time (i.e. in the interval between the highest purchase price and the lowest selling price).

The purpose of the program is to contribute to increased shareholder value. The repurchased shares will be cancelled by resolution of upcoming Annual General Meetings. The program is valid until the next Annual General Meeting in 2023.

As of April 27, 2022, the company had 271,071,783 shares, of which 28,500,000 are shares of series A and 242,571,783 are shares of series B and 1,835,000 shares in treasury.