Hemnet Group Executes Repurchase of 139,314 Shares Under SEK 600 Million Buyback Program

Details of Weekly Share Repurchase and Pricing

During the week of 13–17 July 2026, Hemnet acquired 139,314 ordinary shares via Nasdaq Stockholm transactions. These repurchases were conducted by DNB Carnegie Investment Bank AB (publ) acting on Hemnet’s behalf, adhering strictly to relevant regulatory frameworks. The daily buyback volumes were consistent, reflecting a structured approach to capital management.

The weighted average prices paid ranged from SEK 79.0379 on 14 July to SEK 84.7562 on 17 July, indicating market price fluctuations. The largest single-day purchase was on 13 July, with 30,000 shares acquired at an average price of SEK 80.84 per share, totaling SEK 2,425,200. Subsequent days saw purchases of 30,000 shares on both 14 and 15 July, followed by 25,000 and 24,314 shares on the final two trading days, culminating in a total weekly expenditure of SEK 10,299,379.

Strategic Purpose Behind Capital Structure Adjustment

Hemnet’s Board initiated this buyback program to optimize the company’s capital structure by reducing share capital. This strategy aligns with common practices among European listed companies aiming to enhance equity efficiency. Holding treasury shares provides Hemnet with capital allocation flexibility and signals management’s confidence in the company’s intrinsic value to investors and the market.

The SEK 600 million authorized program, announced on 8 May 2026, underscores a strong commitment to shareholder returns and balance sheet optimization. The phased, measured execution reflects disciplined capital management rather than opportunistic buying, allowing Hemnet to align repurchases with market conditions while maintaining transparency and regulatory compliance. Investors may interpret this capital restructuring as a positive indicator of Hemnet’s financial health and operational outlook.

Hemnet’s Market Leadership in Sweden’s Property Sector

Since its inception in 1998, Hemnet has established itself as Sweden’s leading property portal. Over 25 years, it has evolved into a comprehensive housing marketplace serving buyers, sellers, and real estate agents nationwide. Hemnet’s business model facilitates property transactions via digital platforms while offering market insights, property data, and supplementary services that promote transparency and efficiency in Sweden’s residential real estate market.

The company’s revenue streams include property listings, agent services, consumer property tools, and data analytics. By maintaining an independent and neutral platform stance, Hemnet delivers a "win-win" value proposition for all housing market participants. Its sustained market leadership and network effects contribute to strong customer retention and financial stability.

Regulatory Compliance with EU Market Abuse Regulation

All repurchases during 13–17 July 2026 complied fully with the EU Market Abuse Regulation (EU) No 596/2014 ("MAR") and the Commission Delegated Regulation (EU) 2016/1052 (Safe Harbour Regulation). These regulations impose strict requirements on price, volume, and disclosure to ensure market integrity and prevent abuse.

Hemnet’s transparency is demonstrated by detailed disclosures of daily volumes and weighted average prices, enabling market participants and regulators to verify orderly repurchase conduct. The use of DNB Carnegie Investment Bank AB (publ) as an independent execution agent ensures arm’s-length transactions and mitigates conflicts of interest. Publishing a comprehensive breakdown of transactions pursuant to MAR and Safe Harbour articles reflects Hemnet’s commitment to regulatory adherence and investor transparency.

Treasury Shares and Share Capital Overview

Following the week ending 17 July 2026, Hemnet’s treasury shares increased to 2,091,864 ordinary shares. These shares reduce the number of shares outstanding in the market, representing roughly 2.26% of the total issued share capital of 92,625,346 shares, marking a proportional increase as the buyback program progresses.

Maintaining treasury shares provides strategic flexibility for employee share schemes, acquisitions, or future capital distributions without requiring shareholder approval for each transaction. As the SEK 600 million buyback program continues, the treasury share percentage is expected to rise, depending on execution pace and market conditions.

Nasdaq Stockholm Listing and Trading Environment

Hemnet Group AB (publ) is listed on Nasdaq Stockholm under the ticker "HEM," granting access to Nordic institutional and retail investors and ensuring liquidity for shareholders. The listing subjects Hemnet to transparency, regulatory oversight, and market scrutiny, benefiting minority shareholders and the broader investment community. The share buyback program is a significant corporate action subject to detailed disclosure and reporting to Nasdaq Stockholm and Swedish financial authorities.

Executing repurchases via Nasdaq Stockholm through an independent investment bank ensures transactions occur within a regulated environment, maintaining fair pricing. The buyback volumes represent a modest fraction of typical trading, minimizing market impact while enabling disciplined execution. Detailed daily disclosures allow investors and analysts to monitor program progress and assess capital management effectiveness.

Program Status and Future Execution Outlook

The 13–17 July 2026 week marks an initial phase within the broader multi-month SEK 600 million buyback program announced in May 2026. Current execution rates indicate a measured pace aligned with market conditions and operational needs. Weekly disclosures provide investors with visibility into progress and capital deployment efficiency.

No specific completion date has been announced, granting the Board flexibility to adjust execution based on market, strategic, and regulatory factors. This approach is typical for European buyback programs, allowing deployment within authorized timeframes rather than fixed deadlines. Investors can monitor future disclosures to evaluate cumulative repurchases and program momentum relative to market dynamics and share price trends.

Investor Relations and Media Contacts

Hemnet has appointed senior executives to manage inquiries regarding the share buyback and capital management strategy. Staffan Tell, Head of PR, addresses media and communication needs, while Ludvig Segelmark, Head of Investor Relations, liaises with analysts, institutional investors, and market participants seeking detailed financial and operational information.

Both executives are reachable via mobile and email as listed in the company announcement, ensuring prompt access to information and clarifications. This dedicated investor relations support underscores Hemnet’s commitment to transparent, ongoing engagement with the investment community. Interested parties may contact these representatives for detailed transaction breakdowns or additional buyback program context beyond standard disclosures.

Hemnet’s Vision for Digital Property Market and Stakeholder Value

Hemnet brands itself as "the key to your property journey," aiming to serve consumers and professionals throughout the property lifecycle. The platform offers an extensive suite of products and services designed to enhance efficiency, transparency, and mobility within Sweden’s housing market, delivering measurable value to buyers, sellers, agents, and other stakeholders. This focus has fostered enduring relationships over 25+ years, establishing Hemnet as Sweden’s primary digital property destination.

Active across social media platforms including Facebook, LinkedIn, and Instagram, alongside its website hemnetgroup.com, Hemnet maintains broad digital engagement with consumers and professionals. Its scale, functionality, and market leadership provide competitive advantages and support sustainable revenue across multiple product lines. The current share buyback program reflects a company confident in its market position and financial strength, capable of returning capital to shareholders while investing in product innovation and leadership.