SBB EGM rejects Series D buyback, approves PPI related-party transactions

At SBB's extraordinary general meeting on October 23, 2026, the board's proposal to buy back and mandatorily redeem all outstanding Series D ordinary shares was not approved, failing to obtain the required majority within the share class. The meeting approved the proposed related party transactions with Public Property Invest AB (PPI), with the sale expected to complete on November 5, 2026.

Detected & updated continuously · Source: Nebula