Probi repurchases treasury shares
Probi’s Annual General Meeting on April 28th, 2011 authorized the board to acquire shares up to a maximum holding of 10 percent of all outstanding shares in the company with the purpose to increase shareholder value and adapt the company’s capital structure to its capital requirements. The authorization is valid until the Annual General Meeting in 2012. The Board of Directors has resolved to repurchase a maximum of 100,000 shares for a maximum amount of SEK 5 million. The acquisition will take place via the NASDAQ OMX Stockholm at a price within the registered price interval prevailing