Brief: Stillfront To Exercise Authorisation To Acquire Own Shares

Stillfront AB (publ)

23/10/2024 06:20

Oct 23 (Reuters) - Stillfront Group AB (publ)  SFRG.ST :
    * BOARD OF DIRECTORS OF STILLFRONT HAS RESOLVED TO EXERCISE
ITS
AUTHORISATION TO ACQUIRE OWN SHARES
    * ACQUISITIONS MAY BE MADE UP TO A TOTAL AMOUNT OF SEK 40
MILLION
    * REPURCHASE PROGRAMME FROM 24 OCT 2024 TO 2025 AGM
    * PURPOSE OF REPURCHASE IS TO ENABLE PAYMENT WITH
STILLFRONT'S OWN
SHARES OF CERTAIN FUTURE EARN-OUT PAYMENTS RELATING TO
ACQUISITIONS
    * PAYMENT OF ACQUIRED SHARES SHALL BE MADE IN CASH

Source text for Eikon:  ID:nMFN2J2TPf 
Further company coverage:  SFRG.ST 

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