Nivika authorizes SEK 200m share buyback, adding to existing program

The Swedish property company signals confidence in its valuation with a fresh capital return mandate, bringing total authorized repurchases to SEK 388m.

By Handelsavisen Newsroom · Automated 2026-07-13 05:15 UTC · 1 min read

Swedish real estate firm Nivika has authorized a new share repurchase program worth up to SEK 200 million.

The board’s decision adds to an existing buyback mandate, under which the company has already repurchased SEK 188 million worth of B-shares.

The move brings the total value of authorized share buybacks to SEK 388 million.

The move brings the total value of authorized share buybacks to SEK 388 million.

By initiating a second tranche of repurchases, Nivika is signaling that management views its shares as undervalued and is committed to returning capital to shareholders.

This is a common strategy for property companies seeking to support their stock price amid market volatility or when internal investment opportunities are limited.

According to reports from Nyhetsbyrån Direkt, the new authorization specifically targets the company’s B-shares.