Addtech AB - Repurchase of own shares
Addtech has on 22 September 2006 repurchased 500,000 of its own class B shares at an average price of SEK 107.00. The total number of shares held in treasury amounts to 1 260 000 class B shares. The total number of shares in Addtech amounts to 23,632,832, and the number of shares outstanding is 22,372,832.
Stockholm, 22 September 2006
Addtech AB (publ)
For further information, contact
Kennet Göransson, CFO, +46 8 470 49 10
Kennet Göransson, CFO, +46 8 470 49 10
Addtech is a technology trading group that within selected niches develops and sells components and products to industrial companies and the service industry. The Group has annual sales of approximately SEK 3.4 billion and has approximately 1,200 employees. The majority of customers are manufacturers in the mechanical, vehicle, telecom and electronics industries, and laboratories within health care and research in the Nordic Region. Addtech provides its customers with technical as well as economic value added.