Hemnet Group Finalizes Purchase of 125,000 Shares in SEK 600 Million Buyback Program to Restructure Capital

Details of Hemnet’s Five-Day Share Buyback and Pricing

Over five consecutive trading days in late July 2026, Hemnet Group systematically repurchased 125,000 ordinary shares through its financial adviser DNB Carnegie Investment Bank AB. The company evenly acquired 25,000 shares daily from 20 to 24 July 2026, demonstrating a structured approach to executing its authorized buyback mandate.

The weighted average daily purchase prices fluctuated between SEK 83.0204 per share on 24 July and SEK 87.7469 per share on 21 July. The total transaction value for this period was approximately SEK 8.7 million, averaging about SEK 1.74 million per day. These price variations reflect normal market conditions on Nasdaq Stockholm during July, with purchases made across a narrow valuation range.

Capital Structure Optimization and Impact on Shareholder Base

This share repurchase program is a key component of Hemnet’s capital management strategy, primarily aimed at adjusting the company’s capital structure by reducing share capital. Following these July acquisitions, Hemnet holds 2,217,500 treasury shares, representing about 2.39% of the total 92,625,346 ordinary shares issued. This treasury stock provides flexibility for future capital-related actions such as employee share schemes, strategic acquisitions, or further capital optimization.

The SEK 600,000,000 authorized buyback program, announced on 8 May 2026, marks a significant capital restructuring commitment. With approximately SEK 8.7 million spent in July, roughly 1.45% of the budget has been utilized. The gradual execution pace indicates Hemnet’s intent to deploy the buyback authority over time, enabling responsiveness to market conditions and financial priorities. Maintaining treasury shares preserves the company’s optionality in capital deployment.

Compliance with Regulatory Framework and Market Abuse Regulations

Hemnet’s share repurchase program adheres strictly to regulatory standards designed to maintain market integrity and equitable shareholder treatment. All acquisitions comply with the EU Market Abuse Regulation (EU) No 596/2014 and the Commission Delegated Regulation (EU) 2016/1052 (Safe Harbour Regulation). These rules govern timing, pricing, volume, and disclosure of repurchases to prevent market manipulation.

The Safe Harbour Regulation sets clear parameters for repurchases by EU-listed companies, under which Hemnet operates. The company commits to providing a full transaction breakdown per Article 5.3 of the Market Abuse Regulation and Article 2.3 of the Safe Harbour Regulation, attached to the official disclosure. This transparency aligns with Nasdaq Stockholm’s regulatory requirements and best governance practices. DNB Carnegie Investment Bank AB, acting as the executing adviser, ensures compliance throughout the buyback process.

Hemnet’s Market Leadership in Sweden’s Property Sector

Hemnet Group operates Sweden’s foremost property platform, established from an industry initiative in 1998 and evolving over 25 years into the dominant residential housing marketplace. It serves as the primary destination for buyers, sellers, and real estate agents, offering a comprehensive suite of products, services, insights, and inspirational content to enhance efficiency, transparency, and mobility in property transactions. Hemnet’s business model relies on attracting and retaining participants on both demand and supply sides of the market.

The company’s value proposition combines relevant products and market insights benefiting multiple stakeholders simultaneously. Buyers gain access to extensive property listings and market data; sellers and agents receive marketing tools and client reach; all participants benefit from transparency around valuations, trends, and transaction data. This multi-sided platform approach has enabled Hemnet to build lasting relationships and market dominance. Its vision to be "the key to your property journey" underscores its strategic ambition to be indispensable in housing-related decisions.

Share Capital and Outstanding Shares After Buyback Activity

After completing repurchases on 24 July 2026, Hemnet held 2,217,500 treasury shares out of 92,625,346 ordinary shares, representing approximately 2.39% of total capitalization. Treasury shares are part of issued capital but not held by external shareholders, impacting metrics like earnings per share and dividends. These shares may be reissued or canceled depending on future capital management decisions.

The total count of 92,625,346 shares reflects Hemnet’s full capitalization as a Nasdaq Stockholm-listed entity. The ordinary shares carry ISIN SE0015671995, the international identifier used in settlement systems. The distinction between total issued shares and shares outstanding (excluding treasury shares) is important for investors assessing per-share metrics and equity base. As further repurchases occur under the SEK 600 million authorization, treasury holdings will increase and public float will decrease unless offset by new issuances.

Strategic Rationale for Capital Restructuring Amid Swedish Property Market Dynamics

Hemnet’s SEK 600 million share buyback reflects management’s capital allocation priorities and financial position within Sweden’s evolving residential property market. Announced on 8 May 2026, the buyback indicates the Board’s focus on capital restructuring as a key use of funds. Such programs are typical for profitable, mature companies with strong cash flow that prefer deploying capital by reducing equity rather than through acquisitions, dividend hikes, or retained earnings.

Hemnet operates in a market undergoing structural changes in transaction processes, digital platform roles, and regulatory frameworks governing property marketing. Its leading position is influenced by macroeconomic factors such as transaction volumes, housing supply and demand, interest rates affecting affordability, and competition from other platforms. The capital restructuring signals confidence in Hemnet’s ability to generate cash flow to support the buyback alongside ongoing operations and strategic investments.

Nasdaq Stockholm Listing and Investor Access to Hemnet Shares

Hemnet Group’s ordinary shares trade on Nasdaq Stockholm under ticker HEM, providing both institutional and retail investors access through a Nordic exchange regulated by Sweden’s Finansinspektionen. Nasdaq Stockholm is a major Northern European equity market operating under European securities regulations including MiFID II. Hemnet’s listing subjects it to continuous disclosure and corporate governance standards applicable to Nordic-listed companies.

The listing and liquidity on Nasdaq Stockholm facilitate executing the share buyback via market purchases rather than negotiated deals. The engagement of DNB Carnegie Investment Bank AB as executing adviser offers expertise to deploy the buyback within normal trading activity. Investors benefit from transparency and regulatory oversight, including quarterly reporting, material event disclosures, and detailed buyback transaction reporting. Hemnet’s commitment to full transaction breakdowns per Market Abuse Regulation ensures investor access to comprehensive buyback information.

Treasury Shares Provide Hemnet with Future Capital Management Flexibility

Accumulated treasury shares from the buyback program afford Hemnet flexibility for future corporate actions. Treasury shares can be used for employee share option plans, acquisition payments, or canceled to reduce share capital permanently. Decisions on cancellation or retention involve considerations of shareholder returns, earnings per share impact, and strategic capital structure goals.

Holding 2,217,500 treasury shares creates a pool deployable without further shareholder approval for capital increases, within existing mandates. Hemnet has not disclosed specific plans for disposing or canceling shares repurchased under the SEK 600 million program, so investors should watch for future updates. This treasury position represents valuable financial optionality for strategic opportunities, employee incentives, or capital optimization.

Investor Communication and Disclosure on Buyback Progress

Hemnet has provided detailed, date- and price-specific disclosures of its share repurchase activity, exceeding many regulatory minimums and reflecting best practices in transparency. The company’s pledge to provide "full breakdown of the transactions pursuant to article 5.3 of MAR and article 2.3 of the Safe Harbour Regulation" ensures comprehensive documentation is available to the market.

Investor relations and press contacts have been designated, with Ludvig Segelmark as Head of IR and Staffan Tell as Head of PR, facilitating inquiries about the buyback and corporate matters. Hemnet’s multi-channel engagement—including its website hemnetgroup.com and social media on Facebook, LinkedIn, and Instagram—offers stakeholders multiple access points for information on company activities and market developments.