In December, the Kambi Group plc has repurchased a total of 53,000 shares as part of the share buyback program, within the mandate approved at the Extraordinary General Meeting in June 2023. The objective of the buyback was to achieve added value for Kambi´s shareholders and to give the board increased flexibility with Kambi’s capital structure. The program was carried out in accordance with the Maltese Companies Act and other applicable rules.
All acquisitions have been carried out on Nasdaq First North Growth Market in Stockholm by Carnegie Investment Bank AB on behalf of Kambi. Following the acquisitions, Kambi’s holding of its own shares amounted to 710,992 and the total number of issued shares in Kambi is 31.3 million. In total, a maximum of 3.1 million shares may be repurchased to a maximum amount of €2.8 million.