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Buy-backs of shares in SSAB during week 43 2023

Osakkeiden takaisinosto

30.10.2023 14.30 CET

During the period 26–27 October 2023, SSAB AB (publ) (LEI 529900329VS14ZIML164) has repurchased in total 806,500 own shares, of which 195,500 shares of series A (ISIN: SE0000171100) and 611,000 shares of series B (ISIN: SE0000120669), as part of the share buy-back program initiated by the Board of Directors with the purpose to adjust the company’s capital structure so as to create greater value for the company’s shareholders.

The share buy-back program, which SSAB announced on 25 October 2023 and which runs between 26 October 2023 and 11 March 2024, at the latest, is being carried out in accordance with the Market Abuse Regulation (EU) No 596/2014 (“MAR”) and the Commission Delegated Regulation (EU) No 2016/1052 (the “Safe Harbour Regulation”). The Board of Directors intends to propose to the Annual General Meeting 2024 that it resolves to reduce the share capital by cancellation of the shares acquired by the company.

Shares of series A and series B in SSAB have been repurchased as follows as part of this share buy-back program.

Series A

Date	Aggregated daily volume (number of shares)	Weighted average share price per day (SEK)	Total daily transaction value (SEK)
26.10.2023	100,000	62.9659	6,296,588
27.10.2023	95,500	64.9110	6,198,997

	A shares	SEK
Total accumulated over week 43 /2023	195,500	63.9160
Total accumulated during the repurchase program	195,500	63.9160

Series B

Date	Aggregated daily volume (number of shares)	Weighted average share price per day (SEK)	Total daily transaction value (SEK)
26.10.2023	314,000	60.5331	19,007,395
27.10.2023	297,000	62.4516	18,548,112

	B shares	SEK
Total accumulated over week 43/2023	611,000	61.4656
Total accumulated during the repurchase program	611,000	61.4656

All acquisitions have been carried out on Nasdaq Stockholm by BNP Paribas on behalf of SSAB. Following the above acquisitions, SSAB’s holding of own shares amounts to 806,500 shares, of which 195,500 shares of series A and 611,000 shares of series B, as of 27 October 2023. The total number of shares in SSAB is 1,029,835,326, of which 304,183,270 are shares of series A and 725,652,056 are shares of series B.

A full breakdown of the transactions pursuant to article 5.3 of MAR and article 2.3 of the Safe Harbour Regulation is attached to this announcement.

For further information, please contact:
Per Hillström, Head of Investor Relations, [email protected], tel. +46 702 95 29 12
Viktoria Karsberg, Head of Corporate Identity and Group Communications, [email protected],
tel. +46 72 233 5288

Liitteet

Buy-backs of shares in SSAB during week 43 2023

Annex1 261023 A

Annex1 261023 B

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