Rusta AB (publ) (OM:RUSTA) commences share repurchases on March 20, 2024, under the program mandated by the shareholders in the Annual General Meeting held on September 1, 2023. As per the mandate, the company is authorized to repurchase its own shares.

On March 19, 2024, the company announces a share repurchase program. Under the program, the company will repurchase up to 269,141 shares, representing 0.18% of its issued share capital. The repurchase will be made at a price per share within the from time-to-time registered trading interval. The purpose of the repurchase is to meet the obligations arising from the company?s share savings program (?LTIP 2023?), i.e., to secure delivery of performance and matching shares to the participants and to secure costs for social security contributions that may arise from LTIP 2023. The repurchase will commence on March 20, 2024, and shall end not later than April 30, 2024. As of March 19, 2024, the company has 151,792,800 issued and outstanding shares and has no shares in treasury.