Repurchase program of Loomis' shares
Loomis AB completed its repurchase program by buying back 825,000 shares between November 2, 2021, and December 23, 2021. This brings the total number of shares held by the company to 1,433,782 as of December 31, 2021. The overall share count for Loomis, including repurchased shares, now stands at 75,279,829. This buyback underscores Loomis's commitment to enhancing shareholder value and optimizing its capital structure.
- Repurchase of 825,000 shares enhances shareholder value.
- Total shares held now stand at 1,433,782, signaling strong capital management.
- None.
SOLNA, Sweden, Jan. 4, 2022 /PRNewswire/ -- Loomis AB has through the repurchase program that was resolved and communicated on November 2, 2021, and ended on December 23, 2021, repurchased 825,000 own shares. The company's holding of own shares thereby amounts to 1,433,782 shares, as of December 31, 2021. The total amount of shares in the company, including the company's own shares, amount to 75,279,829.
CONTACT:
Anders Haker
Chief Investor Relations Officer
Mobile: +1 281 795 8580
E-mail: anders.haker@loomis.com
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SOURCE Loomis AB
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