Repurchase of Loomis' shares during the second quarter 2024 completed

Rhea-AI Summary

Loomis AB announced the completion of its share repurchase program for the second quarter of 2024, initially communicated on May 6, 2024.

The company repurchased a total of 702,500 shares, bringing their total holding of own shares to 1,331,453, which represents 1.88% of the company's outstanding shares.

The total number of shares in Loomis AB stands at 71,000,000, including the repurchased shares.

Details about the transactions can be found on Nasdaq OMX Nordic's website.

The information is also available on Loomis AB's official website.

Positive

• Loomis AB successfully repurchased 702,500 shares as planned.
• The repurchased shares now account for 1.88% of the total outstanding shares.

Negative

• None.

STOCKHOLM, June 24, 2024 /PRNewswire/ -- Loomis AB has through the repurchase program that was resolved and communicated on May 6, 2024, repurchased 702,500 shares. Loomis AB's holding of own shares thereby amounts to 1,331,453 shares, corresponding to 1.88% of the outstanding shares in the company. The total number of shares in Loomis AB, including the company's own shares, amounts to 71,000,000.

For information about transactions in the repurchase program, please see: www.nasdaqomxnordic.com/news/corporate-actions/repurchase-of-own-shares.

This press release is also available on the company's website, www.loomis.com.

June 24, 2024

CONTACT:

Jenny Boström
Head of Sustainability and IR
Mobile: +46 79 006 45 92
Email: jenny.bostrom@loomis.com

This information was brought to you by Cision http://news.cision.com

https://news.cision.com/loomis-ab/r/repurchase-of-loomis--shares-during-the-second-quarter-2024-completed,c4005746

The following files are available for download:

https://mb.cision.com/Main/51/4005746/2882442.pdf

Repurchase of Loomis’ shares during the second quarter 2024 completed

 

View original content:https://www.prnewswire.com/news-releases/repurchase-of-loomis-shares-during-the-second-quarter-2024-completed-302180521.html

SOURCE Loomis AB

FAQ

What is the total number of shares Loomis AB repurchased in Q2 2024?

Loomis AB repurchased a total of 702,500 shares in Q2 2024.

What percentage of outstanding shares does Loomis AB's repurchased shares represent?

The repurchased shares represent 1.88% of Loomis AB's outstanding shares.

When was Loomis AB's share repurchase program announced?

The share repurchase program was announced on May 6, 2024.

How many shares does Loomis AB hold after the Q2 2024 repurchase?

After the Q2 2024 repurchase, Loomis AB holds 1,331,453 shares.

Where can I find detailed transactions of Loomis AB's share repurchase program?

Detailed transactions can be found on Nasdaq OMX Nordic's website.