Repurchase of shares in Synsam during December 1, 2025 – December 5, 2025 (week 49)

Synsam repurchased 100,000 shares during Dec. 1–5, 2025 at a weighted average price of roughly SEK 66 per share, spending about SEK 6.59m, as part of its ongoing share buyback programme of up to SEK 160m announced Aug. 25, 2025 and running through Feb. 27, 2026. The transactions were executed on Nasdaq Stockholm by DNB Carnegie in accordance with MAR and the EU Safe Harbour rules and raise Synsam’s holding of own shares to 4,786,354 out of 147,864,494 outstanding shares. The programme is intended to reduce share capital and adjust the company’s capital structure; while the weekly purchases are small relative to the programme cap, continued buybacks could incrementally reduce free float and support the share price if maintained.

Analysis

Synsam repurchased 100,000 own shares during December 1–5, 2025, executing 20,000 shares each trading day at weighted average daily prices ranging from SEK 65.33483 to SEK 66.43047. The five-day programme cost SEK 6,590,429 in total, equivalent to approximately SEK 65.90 per share, and was executed on Nasdaq Stockholm by DNB Carnegie in accordance with MAR and the EU Safe Harbour rules.

These repurchases form part of the board’s announced buy-back programme of up to MSEK 160 (announced 21 August 2025) running from August 25, 2025 to February 27, 2026; following these transactions Synsam holds 4,786,354 own shares out of 147,864,494 outstanding. The weekly purchase equals roughly 4.1% of the programme’s nominal cap and is modest relative to the company’s outstanding share base, implying limited immediate free-float reduction.

The initiative signals active capital-structure management aimed at reducing share capital and provides a modest supportive signal to the share price if repurchases are sustained, while the regulatory-compliant execution reduces transactional risk. Investors should view the move as incremental rather than transformational given Synsam’s reported rolling twelve-month net sales of approximately SEK 6.9 billion and the small weekly outlay, and should monitor future buyback cadence, any share-cancellation decisions, and disclosures on remaining programme utilisation.

Key Decisions for Investors

• Monitor the pace of repurchases and remaining utilisation of the MSEK 160 programme before materially changing exposure to Synsam
• Treat the buyback as a modest positive signal; consider incremental exposure only if buybacks accelerate or management confirms cancellation of repurchased shares
• Watch for management commentary and regulatory filings detailing programme utilisation, timing of share cancellations and any change to capital‑return policy, as these will determine tangible EPS and free‑float impact