The Board of HMS Networks AB (publ) has resolved to exercise authorization to repurchase shares
22 Outubro 2021 - 9:42AM
The Board of HMS Networks AB (publ) has resolved to exercise
authorization to repurchase shares
Based on the authorization granted by the Annual General Meeting
on April 23, 2021, the Board of Directors of HMS Networks AB (publ)
("HMS") has resolved to repurchase own shares in the company on
Nasdaq Stockholm. Repurchase of the company’s own shares shall be
carried out in a repurchase program with the purpose of securing
HMS’ obligations to deliver performance shares according to HMS’
Share Saving Plan 2022-2025.
The repurchases may commence on October 25, 2021 and will take
place on one or more occasions during the period until the Annual
General Meeting 2022. The repurchases will take place on Nasdaq
Stockholm in accordance with the Nordic Main Market Rulebook for
Issuers of Shares and be administrated by Skandinaviska Enskilda
Banken AB (publ), which will take trading decisions independently
of HMS with regard to the timing of the repurchase.
Repurchases will be made at a price per share within the
registered price interval, which refers to the interval between the
highest buying price and the lowest selling price. No more than
81,000 shares may be acquired. Payment of the shares will be
settled in cash. Reporting will be made to Nasdaq Stockholm in
accordance with applicable rules.
Repurchase of shares may not result in HMS’ holding of own
shares, at any time, exceeding 10 percent of the total number of
shares in the company. At the time of this press release, the total
number of registered shares in the company amounts to 46,818,868
and the total number of shares held by HMS amounts to 157,571 own
shares.
For more information, please contact:Staffan
Dahlström, CEO HMS, +46 (0)35 17 29 01Joakim Nideborn, CFO HMS, +46
(0)35 710 6983
HMS Networks AB
(publ) is a
market-leading provider of solutions in industrial information and
communication technology (Industrial ICT). HMS develops and
manufactures products under the Anybus®, Ixxat®, Ewon® and Intesis®
brands. Development takes place at the headquarter in Halmstad and
also in Ravensburg, Nivelles, Igualada, Wetzlar, Buchen, Delft and
Bilbao. Local sales and support are handled by branch offices in
Germany, USA, Japan, China, Singapore, Italy, France, Spain, the
Netherlands, India, UK, Sweden, South Korea and UAE, as well as
through a worldwide network of distributors and partners. HMS
employs over 700 people and reported sales of SEK 1,467 million in
2020. HMS is listed on the NASDAQ OMX in Stockholm, category Mid
Cap, Information Technology.
- HMS Repurchases of shares
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