Repurchase of shares in Rusta
During the period 20 March – 22 March 2024, Rusta AB (publ) (“Rusta”) has repurchased a total of 96,700 shares in Rusta within the scope of the repurchase programme introduced by the board of directors to meet the obligations arising from Rusta’s share savings programme (“LTIP 2023”), i.e., to secure delivery of performance and matching shares to the participants and to secure costs for social security contributions that may arise from LTIP 2023.
During the period 20 March – 22 March 2024, shares in Rusta have been repurchased as set out below.
Date | Aggregated daily volume (number of shares) | Weighted average price per day (SEK) | Total daily transaction value (SEK) |
20 March, 2024 | 20,000 | 80.4216 | 1,608,432 |
21 March, 2024 | 61,700 | 81.7531 | 5,044,165 |
22 March, 2024 | 15,000 | 82.9656 | 1,244,484 |
All acquisitions were carried out on Nasdaq Stockholm by Carnegie Investment Bank AB (publ) on behalf of Rusta. Following the above acquisitions, Rusta’s holding of treasury shares amounts to 96,700 shares as of 22 March 2024. The total number of shares in Rusta is 151,792,800.
A full breakdown of the transactions conducted is attached to this press release. Since 20 March 2024 up to and including 22 March 2024, a total of 97,600 shares have been repurchased within the scope of the repurchase programme. A maximum of 269,141 shares in total may be repurchased. For information about all transactions carried out under the repurchase programme, please refer to Nasdaq Stockholm’s website: https://www.nasdaqomxnordic.com/news/corporate-actions/repurchase-of-own-shares
About Rusta
Rusta is a leading retailer in the Nordic low-price market with over 200 stores in Sweden, Norway, Finland and Germany. The physical stores are supplemented by Rusta's online sales channel, Rusta Online, in Sweden and Finland. Rusta offers a wide but carefully selected range of home and leisure products, with good quality at low prices. Rusta has more than 4,000 employees with headquarter in Upplands Väsby, Sweden. Rusta's shares are traded on Nasdaq Stockholm (RUSTA).
For further information, please contact:
Cecilia Gärdestad, Corporate PR and Investor Relations
Telephone: +46 (0)70 166 48 73
E-mail: cecilia.gardestad@rusta.com
investors.rusta.com
The information was submitted for publication, through the agency of the contact person set out above, at 2024-03-25 16:00 CET.