Evolution repurchases 447,327 shares, and Pareto downgraded Evolution stock
Published on 10/13/2026 at 09:02 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS- Evolution disclosed a 447,327-share repurchase covering October 5 to October 9, 2026.
- The company held 1,404,419 treasury shares and had 183,058,121 shares outstanding after the purchases.
- Pareto downgraded Evolution to Hold with an SEK 800 price target on October 9, 2026.
- Evolution's next quarterly report is scheduled for October 23, 2026.
Evolution (ISIN SE0012673267) disclosed 447,327 repurchased shares for October 5 to October 9, 2026, while Pareto downgraded Evolution stock to Hold from Buy with an SEK 800 target on October 9, 2026. The buyback adds a fresh capital-allocation data point before the company's October 23 quarterly report.
Buyback adds 447,327 shares
According to Evolution on October 12, 2026, the company bought 447,327 shares through its repurchase program. The daily purchases ranged from 83,237 shares on October 6 to 100,000 shares on October 8, with a combined transaction value of SEK 363.5 million.
The company held 1,404,419 treasury shares as of October 9, 2026, against 183,058,121 total shares outstanding. The program has acquired 17,572,911 shares since May 19, 2026, while 16,168,492 shares bought through September 21 were canceled in September, according to the same Evolution release.
What does the buyback change?
The numerical ceiling is 18,305,812 shares, equal to ten percent of the outstanding share count. That leaves 733,? no, the company had 1,404,419 shares held, so the remaining headroom to the stated ten-percent ceiling is 16,901,393 shares, a scale that gives the repurchase program material room to continue.
Pareto lowered its rating
Markets Insider reported on October 9, 2026 that Pareto downgraded Evolution from Buy to Hold and set an SEK 800 price target. The rating change places the buyback against a more cautious analyst view ahead of the next report.
Evolution's second-quarter 2026 revenue was SEK 5,736 million, up 3.33 percent from the first quarter, while operating profit reached SEK 3,299 million and the operating margin was 57.50 percent, according to Affarsvarlden. Revenue remained below the second quarter of 2025, when the source lists SEK 5,859 million, so the quarter-on-quarter improvement did not restore year-over-year growth.
Three buyback milestones
Placera reported a 510,000-share repurchase for September 28 to October 2, 2026. MFN reported that the September 22 extraordinary meeting approved cancellation of up to 19,922,661 repurchased shares. The latest October 12 disclosure raised the current-period purchase figure to 447,327 shares.
Next dates for Evolution
Evolution lists October 23, 2026 for its January to September 2026 interim report and January 18 to January 20, 2027 for the ICE industry exhibition. The report is the next scheduled company event after the buyback disclosure.
Euro quote and Swedish range
The last available euro quote from Tradegate stood at EUR 72.42 on October 12, 2026 at 8:00 a.m. CEST. Evolution's Nasdaq Stockholm quote was SEK 795.80 at 7:00 a.m. UTC on October 13, 2026, while its 52-week range was SEK 515.40 to SEK 911.00 and market capitalization was SEK 151.6 billion.
Evolution stock facts
- Company: Evolution AB (publ)
- ISIN: SE0012673267
- WKN: A2PK19
- Ticker: EVO
- Primary exchange: Nasdaq Stockholm
- Last euro quote: EUR 72.42 at Tradegate on October 12, 2026
- Market capitalization: SEK 151.6 billion (as of October 13, 2026)
- 52-week range: SEK 515.40-911.00 (as of October 13, 2026)
- Sector / Industry: Consumer discretionary / betting and online casino solutions
- Next earnings date: October 23, 2026
Market context: Market report OMXS30.
