The Extraordinary General Meeting on September 3, 2007, of Bure Equity AB (publ) ("Bure") approved the proposal to authorize the Board of Directors to purchase the company's own shares for the purpose to enable the Board to adapt the capital structure to the company’s needs and thereby contribute to increased shareholder value. The company's Board has now decided to utilize this authorization.
The shares will be purchased on the Stockholm Stock Exchange (Stockholmsbörsen) at a price within the registered share price interval on each occasion when the Board finds it favourable for the company's shareholders.
Purchase can be made as of November 19, 2007, until next year's Annual General Meeting on April 23, 2008. No acquisitions are intended to be made during a 30-day period prior to the announcement of quarterly result, the day of announcement included.
Bure currently holds 2,500,000 own shares. The total number of outstanding shares in Bure is 98,377,837 and the maximum number of shares which can be repurchased is 7,337,783.
Gothenburg, November 16, 2007
Bure Equity AB (publ)
//bure.se/wp-content/uploads/sites/23/2015/05/Bure_240.jpg 0 0 Martin Ekström //bure.se/wp-content/uploads/sites/23/2015/05/Bure_240.jpg Martin Ekström2007-11-16 14:23:192007-11-16 14:23:19Utilization of authorization within Bure Equity AB to repurchase own shares