The 2022 AGM resolved to authorize the Board to decide on one or more occasions, until the next AGM, to have the Company enter into one or more share swap agreements with third parties on terms consistent with market practice. The purpose is to secure the Company’s obligations due to adopted incentive programs.
At year-end 2022, Husqvarna AB (publ) had equity-swap agreements whereby a third-party bank had acquired 5,890,581 B-shares to cover obligations under Husqvarna long-term incentive programs. In addition, the 2022 AGM authorized the Board to resolve to issue not more than 57.6 million B-shares, representing 10% of the total number of shares in issue, to facilitate acquisitions where the consideration will be paid with own shares. No such issuance was made in 2022.
Repurchase history