Transaction in Own Shares • Nov 16, 2023
Transaction in Own Shares
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16 November 2023, 06:45 CET
The Board of Directors of Green Landscaping Group AB (publ) ("Green Landscaping") has, with the support of the authorization from the Annual General Meeting on 17 May 2023, decided to activate the repurchase program of own shares. The purpose of the share buy-back program is to enable Green Landscaping Group to use repurchased own shares to finance future acquisitions and avoid dilution for existing owners.
The authorization gives the company the opportunity to repurchase and hold a maximum of 10 percent of the outstanding shares.
Repurchases may further take place on the following conditions:
At the time of this press release, the total number of shares and votes in Green Landscaping is 56,585,254 of which Green Landscaping holds 0 own shares. Completed acquisitions of treasury shares will be announced and notified in accordance with applicable laws and regulations and Nasdaq Stockholm Rules for issuers.
Magnus Larsson, Head of Investor Relations, Green Landscaping Group AB +46 70 270 52 83, [email protected]
Green Landscaping Group AB (publ) is a home for entrepreneurs. The service areas it is involved in are landscaping and construction, ground maintenance and snow & ice removal. The Group has more than 2 000 employees and net sales amounted to SEK 4.8 billion. The shares are listed on Nasdaq Stockholm with the ticker GREEN. For more information visit www.greenlandscaping.com.
This disclosure contains information that Green Landscaping is obliged to make public pursuant to the EU Market Abuse Regulation (EU nr 596/2014). The information was submitted for publication, through the agency of the contact person, on 16-11-2023 06:45 CET.
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