-+ 0.00%
-+ 0.00%
-+ 0.00%

Sweden's SBB to Repurchase, Redeem D Shares to Improve Capital Structure

MT Newswires·09/15/2026 02:32:14
Listen to the news
02:32 AM EDT, 09/15/2026 (MT Newswires) -- Swedish property company Samhällsbyggnadsbolaget i Norden (SBB-B.ST, SBB-D.ST), or SBB, plans to simplify its capital structure through a buyback program for its D shares followed by a mandatory redemption offer for all D shares. Under the repurchase offer, the holders of the D shares will have the option to either exchange shares at 7.94 kronor per share or 1.567 newly issued B shares for each D share held, according to a Tuesday release. The redemption price is also set at 7.94 kronor per share. The buyback and redemption remain subject to shareholder approval at an extraordinary general meeting on Oct. 23.