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Humble CEO's Abrupt Exit Triggers Stock Drop & Share Transaction
Summary generated with AI, editor-reviewed
Heartspace News Desk
•Source: Dagens industri
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Key takeaways
- On October 2, 2025, Humble Group announced the immediate resignation of its Chief Executive Officer, Simon Petrén
- Following the announcement, Dagens industri reported a 9% decline in Humble's stock value, which settled at 7
- 75 kronor with approximately thirty minutes left in the trading day
On October 2, 2025, Humble Group announced the immediate resignation of its Chief Executive Officer, Simon Petrén. Following the announcement, Dagens industri reported a 9% decline in Humble's stock value, which settled at 7.75 kronor with approximately thirty minutes left in the trading day. The day's overall stock performance reflected a 7.06% loss.
Concurrently with Petrén's departure, DNB Carnegie brokered a significant transaction involving Humble shares. A total of slightly over 6.2 million shares, representing 1.4% of the company's total shares, were traded in four separate blocks. The timing of this substantial trade, coinciding with the CEO's exit, has attracted considerable scrutiny.
According to ownership service Holdings, the 6.2 million share block is smaller than the individual holdings of each of Humble's 15 largest shareholders. The departing CEO, Simon Petrén, holds just over 6.7 million shares, a quantity marginally larger than the traded block.
While stepping down from his executive role, Petrén will remain available to Humble as an advisor for a specified period. Nyhetsbyrån Direkt is reportedly seeking comments from both Petrén and Humble's board chairperson, Dajana Mirborn, regarding these developments.
Related Topics
Humble GroupCEO resignationstock dropshare transactionSimon PetrénDNB Carnegie
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