Kamux Corporation (Nasdaq Helsinki: KAMUX) bought back 12,000 shares on April 9, 2026, at 1.7597 EUR per share via Nordea Bank Oyj, bringing total treasury shares to 1,757,262. The buyback programme, which commenced November 17, 2025, concludes no later than April 16, 2026.

Kamux Corporation, the Finnish used car retail chain headquartered in Hämeenlinna and listed on Nasdaq Helsinki, has published a stock exchange release disclosing the repurchase of 12,000 of its own shares on April 9, 2026. According to the release, published at 6:30 PM EEST, the trades were executed on the Helsinki Stock Exchange at an average price of 1.7597 EUR per share, for a total cost of 21,116.40 EUR. Following the day's trading activity, Kamux Corporation holds a total of 1,757,262 treasury shares. The share buybacks are executed on Kamux's behalf by Nordea Bank Oyj and in compliance with Article 5 of the European Union Market Abuse Regulation (MAR) and the Commission Delegated Regulation (EU) 2016/1052, which together establish the safe harbour framework governing share repurchase activities by listed companies across the European Union and provide standardized execution and disclosure requirements for such programmes.

About Kamux Corporation

Kamux is a retail chain specialized in used cars and related integrated services. The company combines online shopping with an extensive showroom network to provide its customers with a comprehensive service experience across multiple channels. In addition to its digital sales channels, Kamux operates a total of 66 car showrooms in Finland, Sweden, and Germany, giving it a meaningful physical presence in three important European markets for used vehicles. The company was founded in Hämeenlinna, Finland, in 2003, and since its founding has sold over 600,000 used cars, including 57,518 cars sold during 2025 alone. Kamux Corporation reported revenue of EUR 875.9 million for 2025, and its average number of employees was 820 in terms of full-time equivalent employees. Kamux is listed on Nasdaq Helsinki, and its headquarters are located at Parolantie 66A in Hämeenlinna, reflecting its deep roots in the Finnish used car retail market and its growth into a multi-country operation.

Details of the April 9 Buyback

The April 9, 2026 buyback involved the acquisition of 12,000 Kamux Corporation shares at an average price of 1.7597 EUR per share, for a total consideration of 21,116.40 EUR. The trades were carried out on the Helsinki Stock Exchange, where Kamux Corporation's shares are listed under the ticker KAMUX. Nordea Bank Oyj acts as the executing broker on Kamux's behalf, managing the day-to-day execution of the programme within the parameters set by Kamux's board of directors and the requirements of the Market Abuse Regulation. Following the day's activity, Kamux's treasury shareholding stands at 1,757,262 shares. The company disclosed that representatives at Nordea involved in the execution include Sami Huttunen and Ilari Isomäki. Additional details can be obtained from Kamux's Chief Financial Officer Enel Sintonen, whose contact information is included in the stock exchange release for the benefit of investors and analysts seeking further information about the buyback programme.

Market Abuse Regulation Compliance

The execution of Kamux Corporation's buyback programme in compliance with Article 5 of the European Union Market Abuse Regulation provides the company with the legal safe harbour that protects such transactions from being considered market manipulation. The regulation sets out specific requirements related to pricing, volume, and disclosure that must be followed for the safe harbour to apply. The Commission Delegated Regulation (EU) 2016/1052 supplements the main regulation with additional technical standards. By adhering to these rules, Kamux ensures that its buyback activity is conducted in a transparent and orderly manner that respects market integrity and the interests of all market participants. Daily stock exchange releases disclosing the details of each day's buyback activity are a key element of the disclosure obligations under the regulation, and Kamux's consistent publication of such releases demonstrates its commitment to regulatory compliance and market transparency across its operations.

Strategic Rationale for Capital Returns

Share buyback programmes are a common capital management tool among listed companies, and they serve several strategic purposes for Kamux Corporation. They provide a mechanism to return capital to shareholders, complementing any dividend distributions and contributing to the overall shareholder return framework. Buybacks can support earnings per share metrics by reducing the number of shares effectively outstanding, signal management confidence in the company's long-term prospects, and provide flexibility in managing the share capital structure. For a retail company operating in the used car market, the ability to generate cash flow sufficient to fund both operational investment and capital returns is an important indicator of financial health. The execution of buybacks, even at modest daily volumes, reflects a measured and disciplined approach to capital management that is consistent with the expectations of sophisticated institutional investors in the Finnish and Nordic capital markets across various phases of the economic cycle.

Used Car Retail Industry Context

The used car retail industry has undergone significant transformation over the past decade, driven by digitalization, changing consumer preferences, and the entry of new business models. Traditional used car dealerships have faced increased competition from online-only platforms, omnichannel retailers that combine digital and physical experiences, and specialized players focused on specific segments of the market. Kamux Corporation has positioned itself as an omnichannel retailer that combines a strong online presence with an extensive showroom network, aiming to provide customers with the flexibility to research and purchase used cars through whichever channel they prefer. The company's multi-country presence in Finland, Sweden, and Germany provides diversification across different market dynamics and consumer behaviors. The used car market is influenced by factors such as new car supply, interest rates, fuel prices, environmental regulations, and consumer confidence, all of which can affect demand patterns and profit margins in the industry.

Financial Performance and Scale

With revenue of approximately EUR 875.9 million in 2025 and over 57,000 used cars sold during the year, Kamux Corporation has established itself as a meaningful player in the Northern European used car retail market. The company's scale provides advantages in terms of purchasing power, operational efficiency, brand recognition, and ability to invest in technology and customer experience. At the same time, the used car retail business is characterized by relatively thin margins and high working capital requirements, which places a premium on operational efficiency, inventory management, and pricing discipline. The company's focus on 66 showrooms across three countries, combined with its digital capabilities, reflects an approach that seeks to balance scale with service quality. The ongoing buyback programme is enabled by the company's cash flow generation and financial position, and it represents a demonstration of financial discipline and shareholder focus within a challenging retail environment that demands continuous adaptation to changing market conditions.

Geographic Diversification Across Finland, Sweden, and Germany

Kamux Corporation's operations span three countries with distinct used car market dynamics. Finland, the company's home market, is where Kamux has the longest history and strongest brand recognition, having been founded in Hämeenlinna in 2003. Sweden represents an important Nordic neighbor market with many similarities to Finland in terms of consumer behavior and regulatory framework, though with its own competitive dynamics. Germany, as the largest automotive market in Europe, offers significant scale opportunities but also presents unique challenges related to competition, consumer preferences, and operational complexity. The combination of these three markets provides Kamux with geographic diversification that can help mitigate country-specific risks and expose the company to different growth opportunities. Each market requires tailored approaches to inventory sourcing, pricing, marketing, and customer service, and the ability to execute successfully across all three is a key differentiator for the company in the European used car retail landscape.

Digital Transformation and Omnichannel Retail

The integration of digital capabilities with physical showrooms has become a defining feature of modern automotive retail, and Kamux Corporation has positioned itself at the forefront of this trend. Digital capabilities include online vehicle search and comparison tools, digital financing and trade-in processes, virtual tours and detailed vehicle information, and customer communication through multiple channels. Physical showrooms provide opportunities for customers to see, test drive, and finalize purchases of vehicles in person, which remains an important element of the car buying experience for many consumers. The combination of digital and physical capabilities, known as omnichannel retail, is designed to meet customers wherever they prefer to engage and to provide a seamless experience throughout the purchase journey. Kamux's ongoing investment in technology, customer experience, and operational efficiency is central to its competitive positioning in a market that continues to evolve rapidly as new technologies and business models emerge across Europe.

Investor Relations and Transparency

Kamux Corporation's disclosure practices reflect its commitment to transparency and its respect for the investor community. The regular publication of stock exchange releases documenting buyback activity, quarterly and annual financial results, strategic updates, and other material information enables investors, analysts, and other stakeholders to develop a comprehensive understanding of the company's performance and prospects. Chief Financial Officer Enel Sintonen serves as a key point of contact for investor inquiries, and the company's investor relations function supports ongoing dialogue with institutional and retail investors. Consistent communication is particularly important for a company operating in a cyclical industry, where investors need timely information to assess the company's performance through different phases of the business cycle. The buyback disclosures are one element of this broader communication framework, providing visibility into the pace and scale of capital return activity and its cumulative impact on the company's share capital structure over time.

Nordic Capital Markets Considerations

Kamux Corporation's listing on Nasdaq Helsinki places it within the broader Nordic capital markets ecosystem, which is characterized by strong regulatory standards, high-quality corporate governance expectations, and an engaged investor base. Finnish listed companies benefit from access to a well-developed capital market infrastructure that supports efficient trading, price discovery, and capital raising activities. The Nordic markets have produced numerous successful listed companies across a range of industries, and the region's reputation for transparent governance and strong institutional investors makes it an attractive environment for international capital. Within this context, Kamux's execution of its buyback programme in compliance with EU regulations and Finnish market conventions demonstrates the company's alignment with best practices in the region. Continued engagement with the investor community, consistent execution of strategic priorities, and disciplined capital management are all essential elements of maintaining a strong position in the Nordic capital markets.

Conclusion

Kamux Corporation's April 9, 2026 stock exchange release disclosing the repurchase of 12,000 shares at an average price of 1.7597 EUR for a total cost of 21,116.40 EUR, bringing treasury holdings to 1,757,262 shares, represents a routine but meaningful element of the company's ongoing capital management activities. Executed through Nordea Bank Oyj in compliance with the EU Market Abuse Regulation safe harbour framework, the buyback reflects Kamux's commitment to returning capital to shareholders while maintaining financial flexibility for operational and strategic priorities. Within the broader context of the Nordic used car retail market and Kamux's position as an omnichannel retailer operating across Finland, Sweden, and Germany, the programme contributes to long-term value creation and demonstrates management's disciplined approach to capital allocation. As the programme continues, subsequent daily disclosures will provide further insight into the pace of execution and the cumulative impact of buyback activity on Kamux's share capital structure.