Utilization of transfer authorization in Investor AB
The Annual General Meeting of Investor 2018 decided to authorize the company’s Board to decide on the transfer of the company’s own shares in order to, among other things, secure costs for Investor’s long-term variable remuneration program for employees within Investor and for the issue of synthetic shares as part of the Board remuneration. Investor hereby announces that the company’s Board has decided to utilize the authorization for these purposes.
The transfer of own shares may take place on Nasdaq Stockholm during the period from May 9, 2018 up to and including May 8, 2019 at a price within the price interval registered from time to time.
Investor currently owns 2,336,314 of its own B-shares and the maximum number of shares that may be transferred amounts to 1,500,000 B-shares.
For further information:
Magnus Dalhammar, Head of Investor Relations: +46 8 614 2130, +46 73 524 2130
Our press releases can be accessed at www.investorab.com
Investor, founded by the Wallenberg family a hundred years ago, is the leading owner of high quality Nordic-based international companies. Through board participation, our industrial experience, network and financial strength, we strive to make our companies best-in-class. Our holdings include, among others, ABB, Atlas Copco, Ericsson, Mölnlycke and SEB.