Cavotec SA has completed its repurchase of own shares
In accordance with the press release published on 10 May 2016 regarding repurchase of own shares, Cavotec SA today announces that the repurchases have been completed. In total, 150,000 shares were repurchased, corresponding to 0.19% per cent of the total number of outstanding shares in the company. The repurchased shares will be used to deliver shares to the participants in the Long Term Inventive Plan 2013 and the Long Term Inventive Plan 2014 if the participants request delivery in shares.
The average price paid for the repurchased shares was SEK 21.30. The Company currently holds 162,022 own shares. The number of issued shares in the company is 78,536,000.
ENDS
Media & investor contact:
Michael Scheepers
Chief Communications Officer
michael.scheepers@cavotec.com or +41 795 024 010
The information in this release is subject to the disclosure requirements of Cavotec SA under the Swedish Securities Market Act and/or the Swedish Financial Instruments Trading Act. This information was publicly communicated on 17 June 2016, 08:50 CEST.
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