Utilization of transfer authorization in Investor AB to secure costs for the Company’s long-term variable remuneration programs
The Annual General Meeting 2017 decided to authorize the Company’s Board to decide on the transfer of the Company’s own shares in order to secure commitments and costs for Investor’s long-term variable remuneration program 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 4, 2017 up to and including May 8, 2018 at a price within the from time to time registered price interval.
Investor currently owns 2,566,061 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:
Stefan Stern, Head of Corporate Relations, Sustainability and Communications, Phone 46 8 614 2058, 46 70 636 7417
Magnus Dalhammar, Head of Investor Relations, Phone 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.