Fasadgruppen Group AB (OM:FG) commences an Equity Buyback Plan for 4,962,383 shares, representing 10% of its issued share capital, under the authorization approved on May 11, 2023.

Fasadgruppen Group AB (publ) (OM:FG) commences share repurchases on November 13, 2023, under the program mandated by the shareholders in the Annual General Meeting held on May 11, 2023. As per the mandate, the company is authorized to repurchase up to 4,962,383 shares, provided that the company's holding of own shares may amount to a maximum of 10% of all shares in the company. Acquisitions of treasury shares shall be made at a price per share within the at each time prevailing price interval for the shares on Nasdaq Stockholm.

The purpose of program is to optimize the company?s capital structure or use the shares or the issue proceeds as consideration (including earn out) for, or as financing of, acquisitions of companies or businesses. As of April 4, 2023, the company had 49,623,830 shares issued and no shares in treasury.