Ambea AB (publ) (OM:AMBEA) commences share repurchases on December 31, 2022 under the program mandated by the shareholders in the Annual General Meeting held on May 12, 2022. As per the mandate, the company is authorized to repurchase 5,000,000 shares. The repurchased shares will be saved for the delivery of shares under Ambea's matching share plan.

The plan will be valid until the time of the company's Annual General Meeting 2023. As of November 2, 2022, there are 94,617,996 shares outstanding.