Attendo to buy back shares for a maximum amount of SEK 150 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 150 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 earliest on 25 October 2024 and continues up to and including 6 February 2025.
- Payment for the shares is to be made in cash.
The total number of shares in Attendo amounts to 160,103,190. Attendo holds 5,216,369 own shares as of 22 October.
Attendo AB (publ)
For further information, please contact:
Mikael Malmgren, Group CFO Attendo
Phone: +46 8 586 252 00 | email: mikael.malmgren@attendo.com
attendo.com (http://www.attendo.com)
Attendo - the leading care company in the Nordics | For almost 40 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 about 34,000 employees and is locally anchored with around 800 units in Finland, Sweden 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.