Update on shares repurchased during the first quarter 2024
Loomis AB has through the repurchase program that was resolved and communicated on January 30, 2024, and that is still being executed, repurchased 310,898 shares as of February 29, 2024. Loomis AB’s holding of own shares thereby amounts to 4,519,680 shares, corresponding to 6.0% of the outstanding shares in the company. The total number of shares in Loomis AB, including the company's own shares, amounts to 75,279,829.
The share repurchases may comprise an amount up to a maximum of SEK 200 million and will end no later than on April 5, 2024.
For information about transactions in the repurchase program, please see: www.nasdaqomxnordic.com/news/corporate-actions/repurchase-of-own-shares.
This press release is also available on the company's website, www.loomis.com.
Jenny Boström
Head of Sustainability and IR
Mobile: +46 79 006 45 92
Email: jenny.bostrom@loomis.com
Loomis offers secure and effective comprehensive solutions for managing payments, including the distribution, handling, storage and recycling of cash and other valuables. Loomis’ customers are mainly financial institutions and retailers. Loomis operates through an international network of around 400 branches in more than 20 countries. Loomis employs around 25,000 people and had revenue in 2022 of more than SEK 25 billion. Loomis is listed on Nasdaq Stockholm Large-Cap list.