Hexatronic’s repurchase program is completed
2023年6月10日 - 1:00AM
Hexatronic’s repurchase program is completed
Press release June 9, 2023Gothenburg, Sweden
Hexatronic’s
repurchase program is
completed
Hexatronic Group AB (publ.) ("Hexatronic") has repurchased all
1,200,000 of its own common stock covered by the repurchase program
approved by the board. The primary purpose of the share repurchase
program is to limit dilution resulting from the company's
outstanding share-based incentive programs. Additionally, the
repurchased shares may be utilized as a means of payment in
potential future corporate acquisitions.
The repurchase took place during the period from May 22 to June
9, 2023, and has amounted to between 30 282 and 139 037 shares
repurchased per day, which is a total of less than 6% of the
average trading volume during the period and at most 8% for an
individual day. The repurchase has been made at prices within the
currently applicable price range on the stock exchange, which is
continuously published by the exchange. The program is hereby
completed as the maximum number of shares has been repurchased. The
total amount for the repurchase was 80.4 MSEK with an average stock
price of 67.0 SEK.
Gothenburg, June 9, 2023
Henrik Larsson LyonCEO Hexatronic Group
For more information, please
contact:Henrik Larsson Lyon, CEO
Hexatronic Group, +46 706 50 34 00Pernilla Lindén, CFO
Hexatronic Group, +46 708 77 58 32
The information was submitted for publication, through the
agency of the contact person set out above, at 18:00 CEST on June
9, 2023. This is a translation of the Swedish version of the press
release. When in doubt, the Swedish wording prevails.
Hexatronic creates sustainable networks all over the world. We
partner with customers on four continents – from telecom operators
to network owners – and offer leading, high-quality fiber
technology for every conceivable application. Hexatronic Group
(publ.) was founded in Sweden in 1993 and the Group is listed on
Nasdaq OMX Stockholm. Our global brands include Viper, Stingray,
Raptor, InOne, and Wistom®.
- 2023-06-09 Hexatronic's repurchase program is completed
Hexatronic Group Ab (LSE:0RDH)
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Hexatronic Group Ab (LSE:0RDH)
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から 5 2023 まで 5 2024