Ependion AB (OM:EPEN) commences share repurchases in April 25, 2024, under the program mandated by the shareholders in the Annual General Meeting held on May 10, 2023. As per the mandate, the company is authorized to repurchase up to 165,000 class C shares. The shares may be repurchased at a minimum price equal which is equal to 100% of the quota value applicable at the time of subscription and a maximum price which is equal to 115% of the quota value applicable at the time of subscription. The repurchased shares will be used to fulfill the obligations under the long-term incentive program 2023/2026. The authority shall expire at the conclusion of the next Annual General Meeting in 2024. As of April 4, 2023, the company had 29,051,688 shares in issue out of which 214,261 shares were C shares held by the company.

On April 24, 2024, the company announces a share repurchase program. Under the program, the company will repurchase up to 102,918 class C shares from Danske Bank A/S, Danmark, Filial Sverige. The purpose of the program is to convert the repurchased class C shares into ordinary shares, as per the terms of the incentive program. The program is conditional upon subscription and payment from Danske Bank A/S, Danmark, Filial Sverige. The repurchases will occur in April, 2024.