Transaction in Own Shares • May 7, 2024
Transaction in Own Shares
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Investor AB, founded by the Wallenberg family in 1916, creates value for people and society by building strong and sustainable companies. Through substantial ownership and board participation, we drive initiatives that we believe create value and support our companies to remain or become best-in-class. Our portfolio is organized in three business areas: Listed Companies, Patricia Industries and Investments in EQT.
Press release Stockholm May 7, 2024
The Annual General Meeting of Investor 2024 authorized the company's Board to resolve on the transfer of the company's own shares. The shares may be transferred in order to, among other things, secure the obligations and hedge the costs related to Investor's long-term variable remuneration program for employees and to the synthetic shares issued as part of the Board remuneration. Investor's Board has now decided to utilize the authorization for these purposes.
The transfer of own shares may take place on Nasdaq Stockholm during the period from and including May 8, 2024 up to the Annual General Meeting 2025 at a price within the price interval registered from time to time.
Investor currently owns 5,334,448 class B shares and the maximum number of shares that may be transferred amounts to 6,000,000 class B shares.
Jacob Lund Chief Communications & Sustainability Officer +46 725 60 21 57 [email protected]
Magnus Dalhammar Head of Investor Relations +46 735 24 21 30 [email protected]
Our press releases can be accessed at www.investorab.com.
This information was submitted for publication, through the agency of the contact person set out above, at 17:35 CET on May 7, 2024.
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