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Kambi Group plc completes share buyback programme initiated on 5 December 2023

Published

1 year ago

March 13, 2024

Adrienn Sarkany

Reading Time: < 1 minute

On 11 March 2024, Kambi repurchased a total of 13,000 shares at a volume-weighted average price of 99.91 SEK for a total transaction value of 1,298,824 SEK. From the programme start on 5 December 2023 until and including 11 March 2024, Kambi has repurchased a total of 237,600 shares at a volume-weighted average price of 132.52 SEK per share.

The objective of the buyback was to achieve added value for Kambi´s shareholders and to give the Board increased flexibility with Kambi´s capital structure. The buyback programme, which Kambi announced on 5 December 2023, is now complete and was carried out in accordance with the Maltese Companies Act and other applicable rules.

All acquisitions have been carried out on Nasdaq First North Growth Market in Stockholm by Carnegie Investment Bank AB on behalf of Kambi. Following the acquisitions and as of 11 March 2024, Kambi’s holding of its own shares amounted to 895,592 and the total number of issued shares in Kambi is 31,278,297.

Related Topics:Kambi Group plc share buyback programme

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Adrienn Sarkany

Hello there! I'm a 21-year-old university student majoring in Finnish and Korean Language and Literature. I have a deep passion for art and a profound connection to the natural world. My journey through life has been a colorful one, driven by my love for creativity, music, and the wonders of the great outdoors. As a dedicated student, I've already earned a degree in Classic Cantos, a testament to my appreciation for the timeless beauty of classical music. Beyond the classroom, my artistic spirit thrives through my love for painting and drawing. These creative outlets allow me to express my thoughts and emotions, transforming blank canvases into vibrant stories. My interests go far beyond music and art. Singing, playing the piano, and exploring new melodies are integral parts of my life, providing me with both solace and exhilaration. When I'm not immersed in the world of art and music, I find solace in nature's embrace. My heart is drawn to animals and the serene beauty of the natural world, fueling my desire to protect and preserve our precious environment.