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Nelly Group to Launch SEK30 Million Share Buyback Program in August

MT Newswires·07/15/2026 03:37:48
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03:37 AM EDT, 07/15/2026 (MT Newswires) -- Nelly Group (NELLY.ST) plans to launch a share repurchase program worth 30 million kronor on Aug. 17, according to a Wednesday release. Danske Bank, Danmark, and Sverige Filial were tapped by the company to buy back up to 2.5 million shares on Nasdaq Stockholm until Feb. 17, 2027. The Swedish fashion company added that the program aims to streamline its capital structure.