At the end of March, Kicksharing Whoosh bought shares worth 60 million rubles as part of a buyback.

In units, the company acquired 174,372 shares in December, which represents approximately 0.16% of the authorized capital. The company purchased another 95 thousand shares (approximately 0.09%) for the period from January 1 to March 25, 2024.

Thus, in total, the company spent 59.97 million rubles on the purchase.

As of March 27, 2024, the company purchased 269 thousand securities, as follows from the company’s materials.

The board of directors of VUSH Holding approved the buyback program in November 2023. The maximum number of shares for buyback is 1.5 million (approximately 1.35% of the authorized capital), which is one-third of the requirement for the options program. The presentation of the 2023 financial statements indicates that the current plan is to repurchase around 1 million securities.

The buyback program will last until May 31, 2025. The purchased documents are used for the long-term employee motivation program, which was also approved in November. It is planned to buy back no more than 4.5 million securities (approximately 4% of the authorized capital).

Whoosh develops technological solutions for micromobility transportation and is one of the largest Russian operators of the kick-sharing service of the same name.

• Parent company PJSC VUSH Holding held an initial public offering (IPO) in December 2022, during which it raised 2.1 billion rubles.
• In November 2023, Whoosh shareholders approved a dividend program. For the nine months of 2023, the company paid investors 1.14 billion rubles.