AB Akola Group will buy-back its own shares

Core Viewpoint - The company, AB Akola Group, has initiated a share buyback program as part of its capital allocation strategy to enhance long-term value for shareholders [1][3]. Group 1: Share Buyback Details - The share buyback resolution was approved during the Annual General Meeting on 31 October 2025, allowing the company to repurchase its ordinary registered shares at a price of EUR 1.75 per share [1]. - A total of 500,000 shares will be repurchased for an aggregate amount of EUR 875,000, with 9,076,879 shares tendered during the buyback process [1]. - The allocation for the buyback was 5.51% overall, with a 5.81% allocation for those who bid at the EUR 1.75 price, while higher bids were not allocated [1]. Group 2: Timeline and Settlement - The share buyback commenced on 16 March 2026 and concluded on 20 March 2026, with settlement for the acquired shares scheduled for 24 March 2026 [2]. Group 3: Investor Insights - The Deputy CEO for Finance and Investments stated that the buyback allows shareholders to sell part or all of their holdings, while remaining investors benefit from an increased proportional interest in the company's assets and future earnings [3]. - According to the Head of Markets at Orion Securities, investors are managing their positions with some taking partial profits and others increasing their holdings, driven by individual portfolio strategies rather than reassessing the company's fundamentals [4].