Telia Company Launches Share Buyback Program to Support Long Term Incentive Plan Commitments

Telia Company Launches Share Buyback Program to Support Long Term Incentive Plan Commitments

(IN BRIEF) Telia Company has launched a share buyback programme to meet its commitments under the Long Term Incentive Program 2023/2026, following approval from its shareholders at the April 2026 Annual General Meeting. The company plans to repurchase up to 2.3 million shares between May 4 and May 6, 2026, with the shares to be distributed to programme participants starting May 7. The repurchases will take place on Nasdaq Stockholm at prevailing market prices and will be paid for in cash. Telia currently holds no treasury shares, and the total buyback remains within the 10% cap of outstanding shares as authorized. The move reflects the company’s strategy to support employee incentive structures while maintaining regulatory compliance and shareholder transparency.

(PRESS RELEASE) STOCKHOLM, 4-May-2026 — /EuropaWire/ — Telia Company has announced that its Board of Directors will proceed with a share buyback programme following authorization granted at the Annual General Meeting held on April 9, 2026. The initiative is aimed at meeting obligations under the company’s Long Term Incentive Program 2023/2026.

Under the approved plan, Telia Company will repurchase up to 2,297,938 shares, which are intended for allocation to participants in the incentive programme beginning May 7, 2026. The buyback reflects the company’s approach to aligning employee incentives with shareholder interests through equity-based compensation.

The repurchase period is scheduled to take place over a short window from May 4 to May 6, 2026. All transactions will be conducted on Nasdaq Stockholm and will comply with the exchange’s regulatory framework for issuers. Shares will be acquired at market prices within the prevailing trading range, defined by the highest bid and lowest ask at any given time.

In accordance with the mandate approved by shareholders, Telia Company’s total holding of treasury shares may not exceed 10% of its outstanding share capital. At present, the company has 3,932,109,286 shares in issue and does not hold any treasury shares.

The transaction will be settled in cash and forms part of Telia Company’s ongoing financial and governance practices. The announcement has been disclosed in compliance with the EU Market Abuse Regulation, ensuring transparency for investors and the market.

ABOUT TELIA

Telia Company (STO: TELIA) is a leading telecommunications operator in the Nordic and Baltic regions. Every day, we deliver world-class connectivity and communications services to millions of customers through our sustainable and secure networks – enabling people, businesses and societies to thrive and grow. Our unique position at the center of digitalization shapes our ambition to be a trusted and progressive partner and gives us our purpose: to reinvent better connected living. Find out more at www.teliacompany.com/en.

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SOURCE: Telia

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