Feb 24 (Reuters) - Sinch AB SINCH.ST:
SAID ON MONDAY CO'S BOARD HAS WITH SUPPORT OF AUTHORIZATION GRANTED BY AGM ON MAY 22, 2025, DECIDED TO REPURCHASE CO'S OWN SHARES
INTENDS TO REPURCHASE SHARES TO REACH TOTAL HOLDING OF 10% OF TOTAL NUMBER OF SHARES AT EACH GIVEN TIME IN CO
BASED ON TOTAL NUMBER OF SHARES ISSUED BY CO AS OF MONDAY, A MAXIMUM OF 71,672,467 ADDITIONAL SHARES MAY BE REPURCHASED
PURPOSE IS TO ADAPT CO'S CAPITAL AND SHARE STRUCTURE TO CONTRIBUTE TO INCREASED SHAREHOLDER VALUE
Source text: ID:nWkr8lJ3Jp
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