STOCKHOLM, July 21,
2022 /PRNewswire/ -- The board of directors of
Loomis AB has resolved to during the third quarter continue the
repurchase of own shares that was initiated earlier this year, by
virtue of the authorization granted by the annual general meeting
2022.
The repurchase may commence on July 25,
2022, end not later than on September
28, 2022, and comprise an amount up to a maximum of
SEK 200 million. Repurchase shall be
made on Nasdaq Stockholm, on one or more occasions, at a price
within the prevailing price interval registered at each point in
time (being the interval between the highest buying price and the
lowest selling price). Payment for repurchased shares shall be made
in cash. Nordea Bank Abp will administrate the repurchase and,
based on the trading order given by Loomis, take trading decisions
independently of Loomis with regard to the timing of the
acquisitions.
Reporting will be made via the stock exchange in accordance with
applicable rules.
The repurchase is made for the purposes set forth in the general
meting's authorization.
The total number of shares in Loomis is 75,279,829 and the
company holds 2,257,782 own shares.
This press release is also available on the company's website,
www.loomis.com
July 21, 2022
CONTACT:
Kristian Ackeby
Chief Financial Officer
Mobile: +46 70 569 69 98
Email: kristian.ackeby@loomis.com
This information was brought to you by Cision
http://news.cision.com
https://news.cision.com/loomis-ab/r/the-board-of-loomis-has-resolved-to-continue-to-repurchase-own-shares,c3604196
The following files are available for download:
|
https://mb.cision.com/Main/51/3604196/1606672.pdf
|
The Board of Loomis has
resolved to continue to repurchase own shares
|
View original
content:https://www.prnewswire.com/news-releases/the-board-of-loomis-has-resolved-to-continue-to-repurchase-own-shares-301591232.html
SOURCE Loomis AB