Karnov Seeks Expanded Share Buyback Mandate at March EGM

Karnov Group AB ( (SE:KAR) ) has provided an update.

Karnov Group has called an extraordinary general meeting for 20 March 2026 in Stockholm, allowing shareholders to participate in person, by proxy, or via postal voting, reflecting continued use of flexible governance mechanisms. Shareholders will vote on routine meeting matters and a key proposal to expand the board’s mandate for share buybacks.

The board is seeking authorisation to increase the company’s maximum holding of its own series A shares from 5% to 10% of total shares, with purchases to be executed on Nasdaq Stockholm or other regulated markets and paid in cash. If approved, the larger buyback capacity would give Karnov additional flexibility in capital allocation, potentially supporting its share price and enabling more active balance-sheet management for the benefit of investors.

The most recent analyst rating on (SE:KAR) stock is a Hold with a SEK70.00 price target. To see the full list of analyst forecasts on Karnov Group AB stock, see the SE:KAR Stock Forecast page.

More about Karnov Group AB

Karnov Group AB is a Swedish public company that operates in the legal and regulatory information sector, providing professional users with digital tools and reference content. The group focuses on serving lawyers, compliance professionals, and related stakeholders in the Nordic market, leveraging online platforms and structured legal data.

Average Trading Volume: 267,276

Technical Sentiment Signal: Sell

Current Market Cap: SEK7.82B

For an in-depth examination of KAR stock, go to TipRanks’ Overview page.