HMS Networks AB (publ) (OM:HMS) commences share repurchase program on February 23, 2024, under the program mandated by the shareholders in the Annual General Meeting held on April 25, 2023. As per the mandate, the company is authorized to repurchase its own shares, such that the holding in treasury does not exceed 10% of the issued share capital. The repurchase shall be made at a price within the share price interval registered from time to time, where share price interval means the difference between the highest buying price and the lowest selling price.

The purpose of the share repurchases is to transfer of own shares to participants in Share Saving Plan 2024-2027. The program is valid till conclusion of next Annual General Meeting held in 2024.