Adapteo Plc Regulatory Press release 26 May 2020 at 4:00 p.m. CEST
The Board of Directors of Adapteo plc has decided to utilize the current authorization given by the Annual General Meeting (AGM) to repurchase own shares.
The repurchase will start at the earliest on 27 May 2020 and end no later than 15 June 2020. The number of shares to be acquired shall not exceed 51 000 shares, corresponding to approximately 0.1 per cent of the total number of shares and votes.
The repurchased shares will be used for honoring share-based incentive programs for employees of the company. The shares shall be acquired through public trading on Nasdaq Stockholm at the market price prevailing at the time of repurchase.
The company currently owns zero own shares.
For additional information, please contact
Erik Skånsberg, CFO, +46 70 264 70 35, email@example.com