Evolution has announced a  share repurchase program following approval from its board which will run under the company’s capital allocation framework and follows authorization from the AGM in April 2026.

• Evolution approved a EUR 2bn share buyback program. The company said the program will start immediately and continue until the full amount is used. Repurchases will take place on regulated markets including Nasdaq Stockholm.
• The Evolution share buyback is aimed at reducing share capital and adjusting the company’s capital structure. Evolution currently has around 199.2 million shares outstanding and can repurchase up to 10% of its shares under Swedish law. The supplier does not currently hold any treasury shares.
• Evolution also secured a EUR 300m revolving credit facility with J.P. Morgan SE and Citibank Europe plc. The company said the financing will support financial flexibility during the buyback process. The facility includes a three-year repayment structure with extension options.

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