Today: January 21, 2018, 9:45 pm
  
Business

Repurchase of own shares in Momentum Group AB (publ)

PR-Inside.com: 2017-12-22 08:33:03

In accordance with the authorisation issued by the Extraordinary General Meeting of Shareholders held on 28 November 2017, Momentum Group AB (publ) has repurchased 5,174 Class B shares at an average price of SEK 108.34 per share.

After the repurchase, Momentum Group AB's current holding of treasury shares amounts to 250,000 Class B shares, corresponding to 0.9 percent of the total number of shares and 0.7 percent of the total number of votes. The total number of shares in Momentum Group AB, including those held by the Company, amounts to 28,265,416, of which 1,062,436 are Class A shares and 27,202,980 are Class B shares. The total number of votes in Momentum Group AB is 37,827,340.

Stockholm, 22 December 2017

Momentum Group AB (publ)

For further information, please contact:
Mats Karlqvist, Head of Investor Relations - Tel: +46 70 660 31 32

This information was submitted for publication on 22 December 2017 at 08:30 a.m. CET.

Momentum Group is one of the leading resellers of industrial consumables and components, service and maintenance to professional end users in the industrial and construction sectors in the Nordic region. The Group has annual revenue of approximately SEK 5.5 billion and approximately 1,600 employees. Momentum Group AB (publ) has been listed on Nasdaq Stockholm since June 2017. Read more at www.momentum.group.

171222 Momentum Group PR Repurchase of own shares Eng



This announcement is distributed by Nasdaq Corporate Solutions on behalf of Nasdaq Corporate Solutions clients.
The issuer of this announcement warrants that they are solely responsible for the content, accuracy and originality of the information contained therein.
Source: Momentum Group AB (publ) via Globenewswire




# 350 Words
Related Articles
More From The Author
The cancellation of Sampo A shares entered [..]
SAMPO PLC          STOCK EXCHANGE RELEASE          22 December 2017 9:20 am   THE [..]
Dr. Matthew R. Pixton appointed Kemira's new [..]
Kemira OyjPress ReleaseDecember 22, 2017 at 9.00 am (CET+1) Dr. Matthew R. Pixton appointed Kemira's new Chief Technology Officer [..]
KONE wins order for Qindao-Jinan railway station [..]
KONE Corporation, press release, December 22, 2017 KONE Corporation, a global leader in the elevator and escalator industry has [..]
KONE wins order for an infrastructure project [..]
KONE Corporation, press release, December 22, 2017 KONE Corporation, a global leader in the elevator and escalator industry has [..]
Biocartis Group NV: Disclosure of outstanding voting [..]
PRESS RELEASE: REGULATED INFORMATION 22 December 2017, 07:00 CET Disclosure of Outstanding Voting Securities Mechelen, Belgium, [..]
 
More From Business
Celebrate Each Day of this Valentine’s Week [..]
New Delhi, India: The beautiful celebration of Valentine’s week is upon us. With less than a month to go, it [..]
Hong Kong Fashion Week for Fall/Winter Closes
HONG KONG, Jan 18, 2018 - (ACN Newswire) - Organised by the Hong Kong Trade Development Council (HKTDC), the 49th [..]
Discover Increases Acceptance in Hong Kong
First Data and JCB Help Discover Grow Acceptance at Key Merchants Riverwoods, Illinois, Jan 19, 2018 - (ACN Newswire) - [..]
Book Theory Test Today - Book DVSA [..]
Book Theory Test Today - Book DVSA Practical Test Looking to book a DVSA practical test? ( Whilst you may [..]
Tenant Direct - Portswood Lettings / Southampton [..]
Tenant Direct- Portswood Lettings Looking in Portswood for the latest lettings on the market? ( If so, look no further [..]

Disclaimer: If you have any questions regarding information in this press release please contact the company added in the press release. Please do not contact pr-inside. We will not be able to assist you. PR-inside disclaims the content included in this release.