Skanska’s Board of Directors has resolved to acquire own Class B shares
The Board of Directors has resolved to exercise the authorization given by the Annual General Meeting to acquire own Class B shares on Nasdaq Stockholm to secure delivery of shares to participants in the Skanska employee ownership program Seop 6.
At the statutory board meeting on March 29, 2023, the board resolved to exercise the authorization given by the Annual General Meeting 2023 to acquire own Class B shares on the following terms and conditions to secure delivery of shares to participants in the Skanska employee ownership program for the financial years 2023, 2024 and 2025 resolved by the Annual General Meeting 2022 (Seop 6). Acquisitions may be made on one or several occasions, however at the latest until the Annual General Meeting 2024, of no more than 3,500,000 Class B shares on Nasdaq Stockholm at a price within the from time to time applicable range of prices (spread), meaning the interval between the highest purchase price and the lowest selling price. Acquired own Class B shares may be transferred to participants in Seop 6 in accordance with the conditions stipulated in the decision by the Annual General Meeting 2022.
On March 29, 2023 Skanska held 9,129,273 Class B shares in its own custody.
For further information please contact:
Caroline Fellenius-Omnell, Executive Vice President, General Counsel, Skanska AB, tel +46 (0)10 449 29 23
Antonia Junelind, Senior Vice President Investor Relations, Skanska AB, tel +46 (0)10 448 62 61
Matti Kataja, Acting Head of Media Relations and Public Affairs, Skanska AB, tel 010 449 67 98
Direct line for media, tel +46 (0)10 448 88 99
This and previous releases can also be found at www.skanska.com.
Skanska Group uses knowledge & foresight to shape the way people live, work, and connect. Over 135 years in the making, we’re one of the world’s largest project development and construction companies, with 2022 revenue totaling SEK 162 billion. We operate across select markets in the Nordics, Europe and USA. Together with our customers and the collective expertise of our 28,000 teammates, we create innovative and sustainable solutions that support healthy living beyond our lifetime.