Bonava’s Board of Directors decides on repurchase of class B shares
The Board of Directors of Bonava AB (publ) (“Bonava”), based on an authorisation by the Annual General Meeting on 31 March 2020, has decided on the repurchase of own class B shares.The purpose of the authorisation to repurchase, and the Board’s decision to exercise it, is to facilitate the hedging of costs (including costs for social security contributions) and the delivery of shares connected with the implementation of Bonava’s long-term incentive programmes in effect at any given time.The repurchase of class B shares will be conducted in accordance with Nasdaq’s Rules for Issuers and is