Attendo to buy back shares for a maximum amount of SEK 110 million
Attendo’s Board of Directors has decided to utilize the authorization by the 2024 AGM to acquire own shares in order to adjust the company’s capital structure.
The share buyback programme will be carried out in accordance with the EU Market Abuse Regulation (MAR) and Commission Delegated Regulation (EU) 2016/1052 (the so-called Safe Harbour Regulation). Acquisitions of shares will be managed by Skandinaviska Enskilda Banken AB.
The share buyback programme is subject to the following terms:
- Buybacks are to take place on Nasdaq Stockholm in accordance with its Rule Book for Issuers, MAR and the Safe Harbour Regulation.
- The shares shall be purchased at a per-share price within the price range (spread) on Nasdaq Stockholm applicable from time to time, meaning the spread between the highest purchase price and the lowest selling price prevailing and disseminated by Nasdaq Stockholm from time to time.
- The maximum purchase amount is SEK 110 million. In accordance with the Swedish Companies Act, Attendo may not buy more shares than would bring Attendo’s holding of own shares to more than 10 percent of the shares in Attendo.
- The program begins on 29 April 2024 and continues up to and including 18 July 2024.
- Payment for the shares is to be made in cash.
The total number of shares in Attendo amounts to 161,386,592, before cancellation of 1,283,402 repurchased shares decided by the Annual General Meeting 2024 held on April 24. Attendo holds 2,475,161 own shares as of 23 April.
Attendo AB (publ)
For further information, please contact:
Andreas Koch, Communications and IR-Director Attendo
Phone: +46 705 09 77 61 | email: [email protected]
This is information that Attendo AB (publ) is obliged to make public pursuant to the EU Market Abuse Regulation. The information was submitted for publication, through the agency of the contact person(s) set out above
on 24 April 2024 at 17.50 CET.
Attendo - the leading care company in the Nordics | For over 35 years, seeing, supporting and strengthening people with care needs has been the starting point of everything Attendo does. In addition to care for older people, Attendo provides care for people with disabilities and social care for individuals and families. Attendo has more than 30,000 employees and is locally anchored with over 700 facilities in around 300 municipalities in Sweden, Finland and Denmark. Every day Attendo has tens of thousands of encounters with its customers. In all these encounters, our employees manifest Attendo’s shared values of care, commitment and competence.