Byggmax Group initiates a share buy-back program
The Board of Directors of Byggmax Group AB (“Byggmax” or the “Company”) has decided to exercise the authorization granted by the Annual General Meeting on May 6, 2021 and initiate repurchases of own shares. The maximum amount for which shares may be repurchased may not exceed SEK 200 million.Byggmax currently has a strong financial position. Despite investments in organic growth, add-on acquisitions and dividends to shareholders, cash flow from operations has further strengthened the company’s financial position, compared to the same period last year (second quarter). The introduction of a