Patrik Hofbauer, chief executive officer of Telia, has acquired 10,000 shares in the Swedish telecommunications group for a total value of SEK 0.5 million.
The transaction was disclosed in the Swedish Financial Supervisory Authority’s insider register, marking a direct vote of confidence from the company’s top executive.
Insider buying by a CEO is often interpreted by markets as a signal that management believes the stock is undervalued or that near-term prospects are stronger than current pricing suggests.
For Telia, which has been navigating a complex regulatory environment and ongoing infrastructure investments, such a move can help stabilize sentiment among investors.
The purchase comes at a time when telecom operators across Europe are under pressure to demonstrate clear paths to profitability amid high capital expenditure requirements.
Hofbauer’s decision to increase his personal stake aligns his interests more closely with those of shareholders, potentially mitigating concerns about executive risk appetite.