Bilia A
Buybacks of shares in Bilia AB during week 26, 2022 - the buyback program is completed (GlobeNewswire)

2022-07-04 18:10

 

During the period between June 27 – July 1, 2022 Bilia AB (LEI code 2138002GW5WN1UYZA032) has repurchased in total 117,597 own shares (ISIN SE0009921588 ) as part of the buyback program initiated by the Board of Directors in order to optimize the company’s capital structure. The buyback program, which began on June 1, 2022, is hereby completed as a total of 674,000 shares for a total amount of SEK 99,940,393 have been repurchased.

The share buybacks below formed a part of the buyback program of a maximum of 800,000 shares for a total maximum amount of SEK 100 M, which Bilia AB announced on May 10, 2022. The buyback program, has been 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”). The objective of the share buybacks was to optimize the company’s capital structure.

Shares in Bilia AB were repurchased (in SEK) during week 26 as follows:

Date Aggregated daily volume
(number of shares)
Weighted average share price per day
(SEK)
Total daily transaction value (SEK)
2022-06-27 36,972 148.5675 5,492,838
2022-06-28 35,065 150.7926 5,287,543
2022-06-29 37,632 150.5684 5,666,190
2022-06-30 7,928 147.5172 1,169,516
2022-07-01 0 0 0

All acquisitions have been carried out on Nasdaq Stockholm by Nordea on behalf of Bilia AB. Following the above acquisitions, Bilia AB holding of own shares as of July 1, 2022 amounts to 4,315,709 shares. The total number of shares in Bilia AB amounts to 96,299,952.

A full breakdown of the transactions pursuant to article 5.3 of MAR and article 2.3 of the Safe Harbour Regulation is attached to this announcement.

Gothenburg, July 4, 2022

Bilia AB (publ)

For information please contact:
Per Avander, Managing Director and CEO, +46 (0)10 497 70 00, per.avander@bilia.se 
Kristina Franzén, CFO, +46 (0)10 497 73 40, kristina.franzen@bilia.se

Facts about the Bilia Group

Bilia is one of Europe’s largest car dealers with a leading position within service and sales of cars, transport vehicles and trucks. Bilia has about 150 facilities in Sweden, Norway, Luxembourg and Belgium. Bilia sells cars of the brand Volvo, BMW, Toyota,
Mercedes-Benz, Renault, Lexus, MINI, Porsche, Nissan, Dacia, Smart and Alpine and transport vehicles of the brand Renault, Toyota, Mercedes-Benz, Nissan and Dacia and trucks of the brand Mercedes-Benz.

Bilia has today a fully expanded business with sales of new cars, e-commerce, spare parts and store sales, service and repair workshops, tyres and car glass and financing, insurance, car washes, fuel stations and auto salvage under the same roof, which gives a unique offer.

Bilia reported a turnover of about SEK 35 bn in 2021 and had about 5,300 employees.

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Bilia A - I dag

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