Lagercrantz repurchase of own shares
In accordance with the Annual General Meeting’s authorization, Lagercrantz Group has repurchased 275,000 of its own class B shares at an average price of SEK 81.75 meaning that Lagercrantz Group’s holding of own shares held in treasury amounts to 1,865,000 class B shares, corresponding to 2.7 percent of the shares and 1.9 percent of the votes in the company. The total number of shares in Lagercrantz Group amounts to 69,519,927, of which 3,263,802 class A shares.
Stockholm, 22 November 2017
Lagercrantz Group AB (publ)
For additional information, contact:
Jörgen Wigh, President & CEO, Lagercrantz Group AB, tel +46 8 700 66 70,
Bengt Lejdström, Chief Financial Officer, Lagercrantz Group, tel +46 8 700 66 73,
or the company website at: http://www.lagercrantz.com
The information was submitted for publication on 22 November 2017 at 11:00 CET.
LAGERCRANTZ GROUP IN BRIEF
Lagercrantz Group is a technology group that offers world-leading, value-creating technology, using either proprietary products or products from leading suppliers. The Group is comprised of almost 50 companies, each with a focus on a specific sub-market – a niche. High value-creation is common to all the companies, including a high degree of customisation, support, service and other services.
Lagercrantz Group is active in nine countries in Northern Europe, in China, India and in the USA. The Group has approximately 1,300 employees and annual revenue of about MSEK 3,000. The Company is listed on Nasdaq Stockholm since 2001.