Fasadgruppen initiates share buy-back programme

MAR

The board of directors of Fasadgruppen Group AB (publ) has, based on the authorisation from the annual general meeting on 11 May 2023, decided to initiate a share buy-back programme of up to SEK 50 million.

The purpose of the buy-back programme is to enable Fasadgruppen to use repurchased own shares to finance future acquisitions and to optimise the company's capital structure and create value for the company's shareholders.

The buy-back programme is subject to the following conditions:

  • Acquisitions of own shares shall take place on Nasdaq Stockholm.
  • Acquisitions of own shares may take place on one or more occasions before the annual general meeting 2024.
  • Acquisitions of own shares may be made for a maximum total of SEK 50 million, provided that the company's holding of own shares may amount to a maximum of ten percent of all shares in the company.
  • Acquisitions of own shares shall be made at a price per share within the price range for the share on Nasdaq Stockholm applicable from time to time.
  • Payment for the shares shall be made in cash.
  • Acquisitions of own shares shall otherwise be made in accordance with Nasdaq Stockholm's Rulebook for Issuers.

The total number of shares in Fasadgruppen is 49,623,830 shares. Fasadgruppen currently holds no own shares. Completed acquisitions of own shares will be notified to Nasdaq Stockholm in accordance with applicable regulations.

Datum 2023-11-13, kl 17:45
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