Repurchase program of Loomis' shares
Loomis AB has repurchased 463,000 shares under its ongoing buyback program, increasing its total holding to 1,071,782 shares as of November 30, 2021. This action reflects the company's commitment to enhancing shareholder value and optimizing its capital structure. The total number of shares outstanding, including treasury shares, now stands at 75,279,829. The buyback program was first announced on November 3, 2021.
- Share buyback of 463,000 shares, enhancing shareholder value.
- Company's total holding of own shares increased to 1,071,782.
- None.
SOLNA, Sweden, Dec. 1, 2021 /PRNewswire/ -- Loomis AB has through the repurchase program that was resolved and communicated on November 3, 2021, and that is still being executed, repurchased 463,000 own shares as of November 30, 2021. The company's holding of own shares thereby amounts to 1,071,782 shares. 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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