Repurchase of NCC Series B shares in week 21, 2022

During the period May 23 – May 27, 2022, NCC (LEI-code 213800WRGLW3CY4MHW53) repurchased a total of 229 671 own Series B shares (ISIN: SE0000117970) under the framework of the repurchase program that the Board have decided.

The repurchases are part of the repurchase program of a maximum of 10 percent of Series B shares for a total of not more than SEK 1.5 bn that NCC announced on April 27, 2022. The repurchase program extends from May 11, 2022 until the 2023 Annual General Meeting and 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”). 

NCC Series B shares were repurchased (in SEK) as follows:

Date Aggregated daily volume (no. of shares) Weighted average price per day (SEK) Total daily transaction value(SEK)
2022-05-23 54,207 126.6290 6,864,178
2022-05-24 85,056 125.4257 10,668,208
2022-05-25 23,065 124.1433 2,863,365
2022-05-27 67,343 126.1191 8,493,239

All acquisitions were carried out on Nasdaq Stockholm by SEB on NCC AB’s behalf. Following the acquisitions above, NCC’s holdings of own shares as per May 27, 2022 amount to 1,682,245 Series B shares. The total number of NCC shares is 108,435,822.

Full details about the completed transactions in accordance with Article 5.3 of MAR and Article 2.3 of the Safe Harbour Regulation is enclosed with this press release.

For further information, please contact:
NCC’s media line: +46 8 585 519 00, press@ncc.se, NCC’s Media bank

About NCC. NCC is one of the leading construction companies in the Nordics. Based on its expertise in managing complex construction processes, NCC contributes to the positive impact of construction for its customers and society. Operations include commercial property development, building and infrastructure project contracting, and asphalt and stone materials production. In 2021, NCC had sales of about SEK 53 bn and 13,000 employees. NCC’s shares are listed on Nasdaq Stockholm.