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Hemnet Group AB ( (SE:HEM) ) just unveiled an announcement.
Hemnet Group AB has continued its share buyback programme, repurchasing ordinary shares on Nasdaq Stockholm between 16 and 20 March 2026 through Carnegie Investment Bank acting as its agent. Following these transactions, the company now holds 2,972,718 of its own shares out of a total 95,565,564 shares outstanding, modestly increasing its treasury position and signalling ongoing capital return to shareholders.
The latest acquisitions, executed at prices mostly in the SEK 115–120 range, consolidate Hemnet’s balance sheet flexibility while slightly reducing its free float on the market. The programme underscores management’s willingness to deploy excess capital into buybacks, which can support earnings per share over time and may be interpreted by investors as confidence in the company’s longer-term valuation.
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 publicly listed Swedish company operating in the online real estate marketplace sector. It runs a digital platform that connects home sellers, buyers and real estate agents, focusing on property listings and related housing market information across Sweden.
YTD Price Performance: -39.38%
Average Trading Volume: 488,143
Technical Sentiment Signal: Sell
Current Market Cap: SEK9.83B
Find detailed analytics on HEM stock on TipRanks’ Stock Analysis page.