According to a press release, the bank has acquired just over 400,000 shares on five different occasions between July 10 and 20. During the first few days, the transactions were carried out at a price close to 60 Swedish krona, and then carried out at a level of 58 krona per share from July 16.
Stabilization measures are a regulated procedure in connection with stock market listings aimed at managing initial selling pressure. The agreement gives the bank a mandate to purchase shares on the market during the first 30 days to support the price, with the condition that the purchases may not be made at a price exceeding the introductory price in the offer.
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