Buy-back of shares in Hemnet during 17 - 21 August, 2026 (w. 34)

Hemnet shares rose nearly 10% to SEK 105.3 after JPMorgan upgraded the stock from Underweight to Overweight and raised its price target to SEK 126 from SEK 81, citing a more attractive valuation and expectations of improving listing volumes over 12 months. The move reverses JPMorgan’s prior November 2025 downgrade.

Hemnet shares rose more than 10% after JPMorgan upgraded the stock to Overweight from Underweight and raised its price target to 126 Swedish kronor from 81. JPMorgan cited improving listings, resilient traffic, and early signs from Hemnet’s “Sell first/pay later” model, alongside attractive valuation after a 42% YTD decline.

Hemnet shares rose 7.7% to SEK 88 after the company released its Q2 2026 earnings early and held a two-hour investor presentation. The report included updates on its AI strategy and Sweden housing market outlook, and said CFO Anders Örnulf will be replaced by Peter Messner on July 20. The move was described as company-specific amid weak broader markets.

Lululemon founder Chip Wilson, estimated to have a $6.1B fortune, is divorcing his wife of 20 years without a prenuptial agreement. Under British Columbia law, their assets, including Wilson's 8.6% stake in Lululemon and 18% stake in Amer Sports, could be divided equally. The divorce may impact Lululemon's share price and market volatility, with analysts watching closely.

Atmos Energy (ATO) will raise customer rates in Frisco starting October 1, following a negotiated settlement with the Atmos Cities Steering Committee. The settlement allows for $260.5M in additional revenue, resulting in a 14.15% increase for residential customers and a 9.9% increase for commercial customers.

TotalEnergies announced Papua LNG achieved key milestones, reducing costs to $14B. ExxonMobil will take over operatorship, and TotalEnergies will sell a 9.1% stake. A gas agreement was finalized with Papua New Guinea, and an LNG marketing joint venture was established. TotalEnergies will retain a 20% stake and secure 1.5 Mtpa of LNG.