Utilization of transfer authorization in Investor AB to secure costs for the Company’s long-term variable remuneration program
The Annual General Meeting 2012 decided to authorize the Board to decide on the transfer of the Company’s own shares in order to secure costs for Investor’s long-term variable remuneration program. Investor hereby announces that the Company’s Board has decided to utilize the authorization.
The transfer of own shares may take place on NASDAQ OMX Stockholm during the period from May 8, 2012, up to and including November 8, 2012 at a price within the from time to time registered price interval. Transfers will not be made during the thirty-day periods prior to ordinary quarterly reports, the day of the announcement included.
Investor currently owns 6,669,158 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:
Magnus Dalhammar, Acting Head of Corporate Communications, Phone 46 8 614 2130, 46 73 524 2130
Our press releases can be accessed at www.investorab.com
Investor is the leading owner of Nordic-based international companies, founded by the Wallenberg family a hundred years ago. We own significant minority or majority interests in high quality companies. Through our participation on the boards of directors, we work for continuous improvement of the performance of the companies. With our industrial experience, network and financial strength we strive to make our companies best-in-class. Our cash flow allows us to support strategic initiatives in our companies, capture investment opportunities and provide our shareholders with a dividend. Our Core Investments include listed holdings Atlas Copco, ABB, SEB, Ericsson and the operating subsidiary Mölnlycke Health Care.