Klövern AB: Klövern initiates acquisition of its own shares
(Thomson Reuters ONE) -
In accordance with a decision at the Annual General Meeting on 26 April 2017,
Klövern AB (publ) will begin to acquire its own ordinary shares of Class B.
Purchase of own shares may takeplace on one or more occasions during the period
until the next Annual General Meeting.
At the Annual General Meeting the Board was authorized to decide on acquiring
and transferring the company's own shares. Acquisitions may take place of at
most the number of ordinary shares of Class A and Class B and preference shares
so that the group's total shareholding of its own ordinary shares of Class A and
Class B and preference shares amounts to at most ten per cent of all registered
shares issued by the company.
Acquisitions will take place by trading on Nasdaq Stockholm at a price per share
that is within the price range registered at each occasion. Payment for the
shares acquired shall be made in cash.
Purchase of own shares provides greater possibilities to adapt the capital
structure of the company to the capital requirement from time to time and thus
be able to contribute to increased shareholder value. Purchase of own shares
also provides the possibility to transfer shares in connection with financing of
acquisitions of properties or companies through payment in the form of the
company's own shares.
Klövern AB (publ) does not currently hold any of its own shares.
Klövern AB (publ)
For additional information:
Rutger Arnhult, CEO, +46 (0)70-458 24 70, rutger.arnhult(at)klovern.se
Lars Norrby, IR, +46 (0)76-777 38 00, lars.norrby(at)klovern.se
Klövern is a real estate company committed to working closely with customers to
offer them efficient premises in growth regions. Klövern is listed on Nasdaq
Stockholm. For further information, see www.klovern.se.
Klövern AB (publ), Bredgränd 4, 111 30 Stockholm. Phone: +46 (0)10-482 70 00. E-
mail: info(at)klovern.se.
170712 Klövern initiates acquisition of its own shares (pdf):
http://hugin.info/134084/R/2120120/807610.pdf
This announcement is distributed by Nasdaq Corporate Solutions on behalf of Nasdaq Corporate Solutions clients.
The issuer of this announcement warrants that they are solely responsible for the content, accuracy and originality of the information contained therein.
Source: Klövern AB (publ) via GlobeNewswire
Unternehmensinformation / Kurzprofil:
Datum: 12.07.2017 - 19:06 Uhr
Sprache: Deutsch
News-ID 552120
Anzahl Zeichen: 2647
contact information:
Town:
Nyköping
Kategorie:
Business News
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