Mycronic’s Board of Directors resolves to acquire the company’s own shares
Mycronic’s Board of Directors has resolved to utilize the authorization given by the Annual General Meeting 2022 to acquire the company’s own shares in accordance with the following:
- Acquisition may not exceed 113,900 shares in the company
- Acquisition of shares in the company may only be made on Nasdaq Stockholm
- Acquisition of shares on Nasdaq Stockholm may only take place at a price within the price range recorded on the Nasdaq Stockholm at any given time
- The payment for the shares shall be made in cash
- The resolution may be used on one or several occasions up until the end of the 2023 Annual General Meeting
The purpose of the above resolution to acquire shares is to enable delivery of shares to participants in the long term incentive program LTIP 2022.
For additional information, please contact:
Pierre Brorsson
Chief Financial Officer & Sr VP Corporate Development
Tel: +46 8 638 52 00
E-mail: pierre.brorsson@mycronic.com
Sven Chetkovich
Director Investor Relations
Tel: +46 70 558 39 19
E-mail: sven.chetkovich@mycronic.com
The information in this press release was published on July 14, 2022, at 08:00 a.m. CEST
About Mycronic
Mycronic is a Swedish high-tech company engaged in the development, manufacture and marketing of production equipment with high precision and flexibility requirements for the electronics industry. Mycronic’s headquarters are located in Täby, north of Stockholm and the Group has subsidiaries in China, France, Germany, Japan, the Netherlands, Singapore, South Korea, United Kingdom, United States and Vietnam. Mycronic is listed on Nasdaq Stockholm. www.mycronic.com