STOCKHOLM, June 2, 2023
/PRNewswire/ -- The Board of Directors of Hexagon AB (publ)
has resolved, pursuant to the authorization granted by the Annual
General Meeting held on 2 May 2023,
to acquire the company's own shares of Series B on Nasdaq
Stockholm. The purpose of the repurchase is to ensure Hexagon's
undertakings in respect of Share Programme 2023/2026 (other than
delivery of shares to participants in the incentive programme),
including covering social security costs.
Acquisition may be made of maximum 6,000,000 Series B shares.
Acquisition may be made on one or several occasions and shall be
made on Nasdaq Stockholm in accordance with its rules. The
acquisitions will be made at a price per share within the from time
to time registered trading interval. Payment for the shares will be
made in cash. Reporting will take place through the stock exchange
in accordance with applicable rules. Acquisitions may be made from
and including 2 June 2023 until the
Annual General Meeting 2024.
Currently, Hexagon holds 15,800,000 own shares of Series B. The
total number of outstanding shares in Hexagon is 2,705,477,888
shares, including 110,250,000 shares of Series A and 2,595,227,888
shares of Series B. In the event of a fully executed share
repurchase, the company will own shares representing maximum 0.2
per cent of the shares issued in the company.
For further information, please contact:
Tom Hull, Head of Investor
Relations, Hexagon AB, +44 7442 678
437, ir@hexagon.com
Anton Heikenström, Investor Relations Manager, Hexagon AB, +46 8
601 26 26, ir@hexagon.com
The information was submitted for publication at 8:00 CET on 2 June
2023.
The following files are available for download:
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https://mb.cision.com/Main/387/3778568/2099693.pdf
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Utilization of
authorization in Hexagon AB to repurchase own shares due to
incentive programme
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SOURCE Hexagon