Repurchase of shares in RevolutionRace during week 6, 2025
During 3-7 February 2025, RVRC Holding (publ) (”RevolutionRace”) repurchased a total of 49,300 own shares (ISIN: SE0015962485) under the framework of the repurchase program as resolved by the Board of Directors.
The share purchase is part of the SEK 200 million share repurchase program announced by RevolutionRace on 22 November 2024. The share repurchase program will extend from 22 November 2024, until the 2025 Annual General Meeting and be carried out in accordance with the Nordic Main Market Rulebook for Issuers of Shares.
The purpose of the repurchase is to adjust the company’s capital structure, to contribute to shareholder value, and to be able to exploit attractive acquisition opportunities by fully or partly financing future acquisitions with the company’s own shares.
Shares in RevolutionRace were repurchased as follows:
Date | Aggregated daily volume (no. of shares): | Weighted average price per day (SEK): | Total daily transaction value (SEK)*: |
3 February 2025 | 10,300 | 48.48 | 499,398 |
4 February 2025 | 10,400 | 49.31 | 512,860 |
5 February 2025 | 10,300 | 48.90 | 503,630 |
6 February 2025 | 10,300 | 49.22 | 506,975 |
7 February 2025 | 8,000 | 49.27 | 394,180 |
Accumulated during week 6, 2025 | 49,300 | 49.03 | 2,417,013 |
Accumulated during the repurchase program | 1,498,603 | 40.74 | 61,048,685 |
*Excluding transaction costs.
All purchases were conducted on Nasdaq Stockholm by Carnegie Investment Bank AB on behalf of RevolutionRace. Following the above purchases, RevolutionRace’s holding of treasury shares amounted on 7 February 2025, to 1,498,603 shares. The total number of shares in RevolutionRace amounted on the date of this press release to 109,596,639.
This press release is published in accordance with Nasdaq Stockholm’s new routine regarding publications on acquisitions and transfers in own shares.