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SINCH Sinch AB (publ) News Story

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Brief: Sinch Board Resolves To Repurchase Own Shares

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
 Further company coverage: SINCH.ST

 (Gdansk Newsroom)

 ((gdansk.newsroom@thomsonreuters.com; +48 58 769 66 00;))

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