Hemnet Group AB (publ) (OM:HEM) commences share repurchases on May 3, 2023, under the program mandated by the Annual General Meeting held on April 27, 2023. As per the mandate, the company is authorized to repurchase its own shares, such that the company's holding at no time exceeds 10% of the total amount of company's shares. The purpose of the program is to give the board the possibility to adjust the capital structure of the company. The program will be valid until the annual general meeting 2024.

On April 27, 2023, the company announced a share repurchase program. Under the program, the company will repurchase its own shares for worth SEK 450 million, such that the company's holding at no time exceeds 10% of the total amount of company's shares. The program will be valid till date of the annual general meeting 2024. As of April 27, 2023, the company had 101,131,478 shares outstanding and no shares in treasury.