Repurchases of shares in Betsson during week 49

Betsson repurchased 125,000 own series B shares between Dec. 1–5, 2025 as part of the Board‑approved buyback program (announced Oct. 24) that runs through Apr. 30, 2026 and is capped at the equivalent of EUR 40m. The week’s purchases totaled SEK 18.16m at a weighted average price of SEK 145.31, bringing cumulative repurchases under the program to 648,180 shares for SEK 93.02m; following the transactions Betsson holds 2,028,522 series B and 2,747,433 series C shares out of a total share base of 142,729,838. Executed on Nasdaq Stockholm by Arctic Securities, the ongoing buyback modestly reduces free float and returns capital to shareholders, providing support to EPS and the share price while the program remains active.

Analysis

Betsson repurchased 125,000 series B shares between 1–5 December 2025 at a weekly weighted average price of SEK 145.3081, for SEK 18,163,509, as part of the Board‑approved buyback program announced on 24 October 2025 that runs through 30 April 2026 and is capped at the equivalent of EUR 40 million. Cumulative purchases under the program total 648,180 shares for SEK 93,020,028; all transactions were executed on Nasdaq Stockholm by Arctic Securities and carried out in accordance with MAR and the EU Safe Harbour Regulation.

Following the week’s trades Betsson holds 2,028,522 series B and 2,747,433 series C shares out of a total share base of 142,729,838, meaning the company now holds roughly 4.78 million own shares — about 3.3% of total shares — which modestly reduces free float and should mechanically support EPS and per‑share metrics. Market sentiment from the activity is mildly positive and the buyback pace to date signals continued capital return but not an aggressive acceleration.

Investors should monitor remaining program capacity relative to the EUR 40m ceiling, the weekly cadence and price trend (recent trades near SEK 145), and any management commentary linking buybacks to M&A or dividend changes, because shifts in pace or intent would materially change liquidity and valuation dynamics.

Key Decisions for Investors

• Consider maintaining or modestly increasing exposure to Betsson as the active buyback reduces free float and supports EPS, while monitoring continuation of the program and execution pace
• Watch three near‑term indicators closely: remaining buyback capacity versus the EUR 40m cap, weekly repurchase volumes/average price (recently ~SEK 145), and any management statements on capital allocation or M&A
• If long, consider partial profit‑taking or hedging given reduced liquidity risk from company holdings (~3.3% of shares) and be prepared to adjust positions if buyback activity materially accelerates or stops