Register {{ baseUserInfo.curr_enterprise_name }}
Quick publish
{{ notificationData.all_count > 99 ? 99 : notificationData.all_count }}
{{ website.name }}
{{ language.label }}
Congratulations

View Now
Congratulations

Go publish
Boliden resolves to repurchase its treasury shares
1 Last year
4,547
308
0
Comment area

STOCKHOLMOct. 20, 2023 /PRNewswire/ -- The Board of Directors of Boliden has, based on the authorization from the Annual General Meeting on 25 April 2023, resolved to repurchase a maximum of 40,000 treasury shares on Nasdaq Stockholm during the period 20 October 2023 up to and including 27 October for a total amount of maximum SEK 13.2 million. The purpose of the repurchase is to ensure future delivery of shares to the participants in Boliden's long-term share saving programme (LTIP 2023/2026) as resolved by the Annual General Meeting 2023.

The repurchase of shares will be carried out in accordance with the Market Abuse Regulation (EU) No 596/2014 ("MAR") and the European Commission's Delegated Regulation (EU) No 2016/1052 (the "Safe Harbour Regulation"). The repurchase of shares will be carried out by Skandinaviska Enskilda Banken AB (publ) ("SEB") which, based on the trading order given by Boliden to SEB, will make its own trading decisions regarding the timing of the repurchases independently of Boliden.

The repurchase now resolved by the Board of Directors shall fulfil the following terms and conditions:

  1. Repurchases shall be made on Nasdaq Stockholm in accordance with the Nordic Main Market Rulebook for Issuers of Shares (the "Rulebook") and in accordance with MAR and the Safe Harbour Regulation.
  2. The repurchases shall commence no earlier than 20 October 2023 and shall end no later than 27 October.
  3. A maximum of 40,000 shares in the Company may be repurchased for a total amount of up to SEK 13.2 million in order to ensure delivery of shares to participants in the Programme. However, the company's holding of shares may not at any time exceed 10 per cent of all shares in the company.
  4. Repurchases may only be made in compliance with the volume restrictions for the purchase of treasury shares as set out in the Rulebook and in the Safe Harbour Regulation. Repurchases may only be made at a price per share within the price interval applicable from time to time on Nasdaq Stockholm, i.e. the interval between the highest buying price and the lowest selling price on Nasdaq Stockholm from time to time and, in addition, the price restrictions in the Safe Harbour Regulation shall be observed.
  5. Payment for shares shall be made in cash.

The total number of shares in Boliden amounts to 273,511,169 shares. At the time of this press release, the company does not hold any treasury shares.

SOURCE Boliden

Share
Collection
Collected
Give the thumbs-up
Liked
The content is the author's independent opinion, does not represent the position of Matchexpo, and cannot be reproduced without permission
0
Matchexpo is an exhibition community platform for event & fair community in China, serving the essential functions of exhibitions, events, fairs, assisting ticket sales, visitor registration and booth reservation, allowing organizers to create, share, find and participate in activities, creating community space for organizers and exhibitors, finding their partners and helping them expand
Follow official account
Online support
Matchexpo: Event Marketing Platform International - Chinese Traditional - Chinese Simplified
| Matchpages Web Builder | Starify omni-Channel Chatbot
Modify certification Certification fee Certification method Certification conditions Certification naming Certification introduction