AAK stock falls 2.1 percent as Q2 profit rises 20.1 percent

Published on 09/23/2026 at 22:12 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

AAK stock stood at SEK 182 on September 23, 2026, while second-quarter operating profit rose 20.1 percent year over year. The company also repurchased 113,432 shares.

3D-Render einer modernen Fabrikanlage mit Glasfassade und Silotürmen — Architektur-Render einer modernen Produktionsanlage für Lebensmittelzutaten, passend zu AAK AB (ISIN SE0011337708), Illustration mit AI erstellt.

AAK stock (ISIN SE0011337708) stood at SEK 182 on Nasdaq Stockholm on September 23, 2026, down 2.1 percent for the session and 34.4 percent below its 52-week high of SEK 277.40. The latest company action was a share repurchase covering 113,432 shares between September 14 and September 18, 2026.

Buyback reaches 113,432 shares

According to AAK, the company bought back 113,432 shares during the five trading days from September 14 through September 18. The transactions formed part of a program allowing repurchases of up to 5,000,000 shares for a maximum SEK 1.0 billion, running through March 15, 2027.

The company held 2,096,220 treasury shares after the latest transactions, while total shares outstanding stood at 261,989,002 on September 18, 2026. That makes the buyback a measurable capital allocation factor, although the program size remains small relative to the total share count.

Q2 profit offsets softer sales

AAK reported second-quarter revenue of SEK 11.198 billion, down 0.9 percent from SEK 11.300 billion in the second quarter of 2025. Operating profit moved in the opposite direction, rising 20.1 percent from SEK 912 million to SEK 1.095 billion, according to Affarsvarlden.

The operating margin improved to 9.8 percent from 8.1 percent in the prior-year quarter. Net income reached SEK 803 million, compared with SEK 643 million a year earlier, while diluted earnings per share rose to SEK 3.06 from SEK 2.46.

Stock remains below yearly high

AAK's market capitalization was SEK 47,466,621,566 on September 23, 2026. The share price of SEK 182 therefore sat SEK 95.40 below the 52-week high, a gap that keeps the stock's market performance weaker than its latest operating-profit comparison.

AAK's investor pages identify the company as a Swedish joint-stock company listed on Nasdaq Stockholm in the Large Cap segment and the Food and Beverage sector. The combination of stronger quarterly profit, lower revenue and ongoing repurchases gives investors three concrete markers for assessing the stock's next move.