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Hemnet adds to treasury stock with latest share buybacks

Story Highlights
  • Hemnet repurchased additional ordinary shares on Nasdaq Stockholm, raising its treasury holding to about 3.2 million out of 95.6 million outstanding.
  • The expanded buyback supports Hemnet’s capital allocation strategy, signalling confidence and offering flexibility for incentives or future corporate needs.
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Hemnet adds to treasury stock with latest share buybacks

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An update from Hemnet Group AB ( (SE:HEM) ) is now available.

Hemnet Group AB has continued its share buyback programme, repurchasing its own ordinary shares on Nasdaq Stockholm between 30 March and 3 April 2026 through Carnegie Investment Bank acting as its broker. Following these transactions, the company now holds 3,195,768 of its own shares out of a total 95,565,564 shares outstanding, modestly increasing its treasury share position.

The latest repurchases reflect Hemnet’s ongoing capital allocation strategy to return value to shareholders and potentially optimize its capital structure. The accumulation of treasury shares can support future uses such as employee incentive programmes or further financial flexibility, while also signalling management’s confidence in the company’s long-term prospects to the market.

The most recent analyst rating on (SE:HEM) stock is a Hold with a SEK113.00 price target. To see the full list of analyst forecasts on Hemnet Group AB stock, see the SE:HEM Stock Forecast page.

More about Hemnet Group AB

Hemnet Group AB is a Sweden-based digital real estate marketplace operator whose platform connects home buyers, sellers and real estate agents. The company’s primary service is listing residential properties online, targeting the Swedish housing market and related stakeholders in the broader Nordic property ecosystem.

Average Trading Volume: 473,853

Technical Sentiment Signal: Sell

Current Market Cap: SEK9.83B

See more insights into HEM stock on TipRanks’ Stock Analysis page.

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