Dustin issues and repurchases 10 million Class C shares to fund PSP 2026

Dustin Group AB ( (SE:DUST) ) has provided an update.

Dustin Group AB’s board has approved a directed issue and immediate repurchase of 10 million Class C shares to support its long-term performance share plan for executive management and key employees, known as PSP 2026. Nordea Bank’s Swedish branch subscribed for the new Class C shares at quota value, temporarily increasing share capital by about SEK 17.45 million before Dustin repurchased the shares at the same value.

The Class C shares are intended to be converted into ordinary shares for delivery to plan participants if performance conditions are met over the programme’s measurement period, aligning management incentives with shareholder interests. The move underscores Dustin’s continued use of equity-based compensation to retain and motivate key personnel in a competitive IT services and solutions market, without causing a net cash outflow at issuance and repurchase stage.

More about Dustin Group AB

Dustin Group AB is a leading online-based IT partner in the Nordics and Benelux, supplying about 280,000 IT products and related services to companies, the public sector and private individuals. The company generated sales of roughly SEK 20.4 billion in 2024/25, derives over 90% of its revenue from the corporate market, employs around 2,000 people, and has been listed on Nasdaq Stockholm since 2015.

Average Trading Volume: 1,504,499

Technical Sentiment Signal: Sell

Current Market Cap: SEK2.1B

Learn more about DUST stock on TipRanks’ Stock Analysis page.