Fabege launches share buy-back

Fabege AB (publ) has started the share buy-back programme approved by the Annual General Meeting on 25 March 2021. The AGM authorised the Board for a period no later than the next AGM to acquire Fabege shares. The shares acquired may not exceed 10 per cent of the total number of outstanding Fabege shares at any time.

The purpose of the buy-back programme is to enable the Company to continuously adapt its capital requirements and thereby improve shareholder value. The repurchases will be made on the Stockholm Stock Exchange at a price within the registered share price interval on each repurchase occasion. Before launching of the buy-back programme Fabege holds 7,577,355 treasury shares corresponding to 2.3 per cent of the number of registered shares.

Fabege AB (publ)

This information is of the type that Fabege AB is required to disclose under the EU Market Abuse Regulation. This information was released, through the provision of the above-mentioned contact person, for publication on 3 May 2021, at 13:30 CET.

For further information, please contact:
Stefan Dahlbo, CEO, , +46 (0)70-353 18 88, stefan.dahlbo@fabege.se
Åsa Bergström, Deputy CEO and CFO +46 (0)70-666 13 80, asa.bergstrom@fabege.se

With a focus on commercial properties, Fabege develops attractive locations in the Stockholm area. We are a partner that is present and – with people in focus while being innovative, responsible and flexible – creates conditions for companies, places and our city to develop. We take a long-term approach in our perspective and ownership. We know that when we create sustainably, we also create value. The Fabege share is listed on Nasdaq Stockholm, in the Large Cap segment. For further information, please visit us at www.fabege.com.

Tags:

Subscribe