Proact Board makes decision on buyback of own shares
The Board of Directors at Proact IT Group AB ("Proact") has made a decision to initiate buyback of its own shares within the scope of the authorisation concerning the acquisition of own shares, amounting to a maximum of 10 per cent of the shares, as obtained at the Annual General Meeting held on 9 May 2017. This authorisation may be exercised up to the time of the next Annual General Meeting. The purpose of buybacks is in accordance with the decision of the Annual General Meeting. The company’s own shares will be bought back in batches, depending on market conditions and applicable rules.