During the period May 20 to May 24, 2024, Trelleborg AB (LEI code 213800XY16PAWG2PAD14) has repurchased in total 187,887 own shares of series B (ISIN: SE0000114837) as part of the buyback program initiated by the Board of Directors. The purpose is to adjust the company's capital structure, contributing to increased shareholder value. Repurchases are also made to ensure the delivery of shares and related costs, such as social security contributions, for the Performance Share Program (PSP) 2024/2027.
 
The share buybacks form part of the buyback program of a maximum of 20,000,000 shares of series B for a total maximum amount of SEK 4,000 million, which Trelleborg announced on April 24, 2024. The buyback program, which runs between April 25, 2024, to the day prior to the 2025 Annual General Meeting is being carried out in accordance with the Market Abuse Regulation (EU) No 596/2014 (“MAR”) and the Commission Delegated Regulation (EU) No 2016/1052 (the “Safe Harbour Regulation”). The purpose of the Board of Directors’ decision is to adapt the company’s capital structure and thereby contribute to increased shareholder value. The intent is that the repurchased shares later will be canceled by resolution of upcoming Annual General Meetings, except for the shares repurchased for the incentive program PSP 2024/2027.
 
Shares of series B in Trelleborg have been repurchased (in SEK) as follows:
 

 
All acquisitions have been carried out on Nasdaq Stockholm by DNB Markets, a part of DNB Bank ASA, Sweden Branch (DNB) on behalf of Trelleborg. Following the above acquisitions, Trelleborg’s holding of own shares as of May 24, 2024, amounts to 2,736,902 shares of series B. The total number of shares in Trelleborg on the date of this press release amounts to 241,547,186, of which 28,500,000 are shares of series A and 213,047,186 are shares of series B.
 
A full breakdown of the transactions pursuant to article 5.3 of MAR and article 2.3 of the Safe Harbour Regulation is attached to this announcement.