Boliden resolves to repurchase its shares
The repurchase of shares will be carried out in accordance with the Market Abuse Regulation (EU) No 596/2014 ("MAR") and the European Commission's Delegated Regulation (EU) No 2016/1052 (the "Safe Harbour Regulation"). The repurchase of shares will be carried out by Skandinaviska Enskilda Banken AB (publ) ("SEB") who, based on the trading order given by Boliden to SEB, will make its own trading decisions regarding the timing of the repurchases independently of Boliden.
The repurchase now resolved by the Board of Directors shall fulfil the following terms and conditions:
i. Repurchases shall be made on Nasdaq Stockholm in accordance with the Nordic Main Market Rulebook for Issuers of Shares (the "Rulebook") and in accordance with MAR and the Safe Harbour Regulation.
ii. Repurchases of shares may be made on one or several occasions and shall commence no earlier than
iii. A maximum of 130,000 shares in the Company may be repurchased for a total amount of up to
iv. Repurchases may only be made in compliance with the volume restrictions for the purchase of treasury shares as set out in the Rulebook and in the Safe Harbour Regulation. Repurchases may only be made at a price per share within the price interval applicable from time to time on Nasdaq Stockholm, i.e. the interval between the highest buying price and the lowest selling price on Nasdaq Stockholm from time to time and, in addition, the price restrictions in the Rulebook and the Safe Harbour Regulation shall be observed.
v. Payment for shares shall be made in cash.
The total number of shares in Boliden amounts to 284,225,454 shares. At the time of this press release, the company holds 140,000 treasury shares.
For further information, please contact:
Director Group Communications
+46 70 453 65 88
[email protected]
This information was brought to you by Cision http://news.cision.com
https://news.cision.com/boliden/r/boliden-resolves-to-repurchase-its-shares,c4253530
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SOURCE Boliden
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