Tele2 Issues and Repurchases Class C Shares for Executive Incentive Program

Tele2 AB ( ($SE:TEL2.B) ) has shared an update.

Tele2 AB has issued and immediately repurchased 1.5 million new class C shares at SEK 1.25 per share, in line with its retention and performance-based incentive programs for senior executives and key employees. The C shares, which carry no dividend rights, will later be converted into class B shares for delivery to qualifying participants, consolidating Tele2’s control over all 2.6 million class C shares and reinforcing its long-term incentive structure for top talent.

By holding all class C shares internally until conversion, Tele2 maintains flexibility in managing share-based compensation without immediate dilution to ordinary shareholders. The move underlines the telecom operator’s continued reliance on equity-based incentives to align management and key staff with shareholder interests and long-term value creation.

The most recent analyst rating on ($SE:TEL2.B) stock is a Buy with a SEK221.00 price target. To see the full list of analyst forecasts on Tele2 AB stock, see the SE:TEL2.B Stock Forecast page.

More about Tele2 AB

Tele2 AB is a Nordic and Baltic telecom operator with a challenger profile, providing mobile and fixed connectivity, TV and streaming services, and IoT solutions to consumers and businesses across the region. Listed on Nasdaq Stockholm, the company generated SEK 29.9 billion in revenue in 2025 and focuses on simplifying and lowering the cost of connectivity for its customers.

Average Trading Volume: 1,806,466

Technical Sentiment Signal: Buy

Current Market Cap: SEK134.3B

Learn more about TEL2.B stock on TipRanks’ Stock Analysis page.