Utilization of transfer authorization in Investor AB
The Annual General Meeting of Investor 2019 decided to authorize the company’s Board to decide on the transfer of the company’s own shares in order to, among other things, secure costs for Investor’s long-term variable remuneration program for employees within Investor and for the issue of synthetic shares as part of the Board remuneration. Investor hereby announces that the company’s Board has decided to utilize the authorization for these purposes.
The transfer of own shares may take place on Nasdaq Stockholm during the period from May 9, 2019 up to and including May 5, 2020 at a price within the price interval registered from time to time.
Investor currently owns 1,985,145 of its own B-shares and the maximum number of shares that may be transferred amounts to 1,500,000 B-shares.
For further information:
Viveka Hirdman-Ryrberg, Head of Corporate Communication and Sustainability,
Phone +46 70 550 3500
Magnus Dalhammar, Head of Investor Relations,
Phone +46 73 524 2130
Our press releases can be accessed at www.investorab.com
Investor, founded by the Wallenberg family in 1916, is an engaged owner of high quality global companies. We have a long-term investment perspective. Through board participation, as well as industrial experience, our network and financial strength, we work continuously to support our companies to remain or become best-in-class. Our holdings include, among others, ABB, Atlas Copco, Ericsson, Mölnlycke and SEB.