Feb 21 (Reuters) - Green Landscaping Group AB GREENL.ST :
* GREEN LANDSCAPING INITIATES REPURCHASE OF OWN SHARES
* DECIDED TO ACTIVATE REPURCHASE PROGRAM OF OWN SHARES
* PURPOSE OF REPURCHASES IS TO BE ABLE TO TRANSFER SHARES AS
PAYMENT IN CONNECTION WITH FUTURE ACQUISITIONS AND AVOID
DILUTION FOR EXISTING OWNERS.
* AUTHORIZATION GIVES COMPANY OPPORTUNITY TO REPURCHASE AND
HOLD A
MAXIMUM OF 10% OF OUTSTANDING SHARES.
* REPURCHASES MAY BE MADE DURING PERIOD FROM 21 FEBRUARY
2022 TO
19 MAY 2022.
* REPURCHASES MAY TAKE PLACE WITH A TOTAL AMOUNT OF A
MAXIMUM OF
SEK 30 MILLION.
* AT TIME OF THIS PRESS RELEASE, TOTAL NUMBER OF SHARES AND
VOTES
IN GREEN LANDSCAPING IS 53,214,964, OF WHICH GREEN LANDSCAPING
HOLDS 404 OWN SHARES
Source text for Eikon: ID:nWkr7QzhDJ
Further company coverage: GREENL.ST
(Gdansk Newsroom)
((gdansk.newsroom@thomsonreuters.com; +48 58 7696600;))