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Nelly Group AB ( (SE:NELLY) ) has shared an update.
Nelly Group’s 2026 Annual General Meeting approved all proposals from the board and nomination committee, including the re-election of six board members and the confirmation of Ebba Ljungerud as chair. Shareholders adopted the 2025 accounts, resolved to carry forward earnings, and granted discharge of liability to the board and CEO.
The AGM backed a new performance-based share program for senior executives, supported by a directed issue of up to 50,284 warrants, and approved updated remuneration guidelines and board fees. The meeting also renewed the mandate for share buybacks of up to 10 percent of capital and authorized new issues of shares, warrants, and convertible bonds allowing potential dilution of up to 25 percent, giving Nelly added flexibility in capital management and future acquisitions.
More about Nelly Group AB
Nelly Group AB is a Nordic fashion retailer focused on young women, combining its own NELLY brand with selected external labels and operating primarily through digital direct sales. Founded in 2004 and listed on Nasdaq Stockholm’s mid-cap segment under the ticker NELLY, the company serves about one million online customers in the region and has expanded into physical retail with flagship stores in Stockholm and Copenhagen.
YTD Price Performance: -67.86%
Average Trading Volume: 482,259
Technical Sentiment Signal: Sell
Current Market Cap: SEK1.05B
For an in-depth examination of NELLY stock, go to TipRanks’ Overview page.