Brief: RVRC Holding Board Resolves To Exercise Its Authorisation To Acquire Own Shares

RVRC Holding AB

02/02/2024 10:20

Feb 2 (Reuters) - RVRC Holding AB  RVRC.ST :
    * BOARD OF DIRECTORS OF REVOLUTIONRACE HAS RESOLVED TO
EXERCISE
ITS AUTHORISATION TO ACQUIRE OWN SHARES
    * ACQUISITIONS MAY BE MADE UP TO A TOTAL AMOUNT OF MSEK 200
    * REVOLUTIONRACE'S HOLDING OF OWN SHARES MAY, HOWEVER, NOT
AT ANY
POINT IN TIME EXCEED TEN (10) PERCENT OF ALL SHARES IN CO
    * PAYMENT FOR ACQUIRED SHARES SHALL BE MADE IN CASH
    * PURPOSE OF REPURCHASE INCLUDES TO ADJUST COMPANY'S CAPITAL
STRUCTURE AND TO CONTRIBUTE TO SHAREHOLDER VALUE

Source text for Eikon:  ID:nMFN854vmv 
Further company coverage:  RVRC.ST 

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