Update on shares repurchased during the first quarter 2024: Loomis AB

Rhea-AI Summary

Loomis AB has repurchased 310,898 shares as part of their ongoing repurchase program, holding 4,519,680 shares, equivalent to 6.0% of outstanding shares. The total number of shares is 75,279,829. The repurchase program may reach up to SEK 200 million and will conclude by April 5, 2024.

STOCKHOLM, March 1, 2024 /PRNewswire/ -- Loomis AB has through the repurchase program that was resolved and communicated on January 30, 2024, and that is still being executed, repurchased 310,898 shares as of February 29, 2024. Loomis AB's holding of own shares thereby amounts to 4,519,680 shares, corresponding to 6.0% of the outstanding shares in the company. The total number of shares in Loomis AB, including the company's own shares, amounts to 75,279,829.

The share repurchases may comprise an amount up to a maximum of SEK 200 million and will end no later than on April 5, 2024.

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.

Contact:

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

The following files are available for download:

https://mb.cision.com/Main/51/3939075/2640781.pdf

Update on shares repurchased during the first quarter 2024

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SOURCE Loomis AB

FAQ

How many shares has Loomis AB repurchased as of February 29, 2024?

Loomis AB has repurchased 310,898 shares as of February 29, 2024.

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

Loomis AB's holding of own shares represents 6.0% of the outstanding shares in the company.

What is the total number of shares in Loomis AB, including the company's own shares?

The total number of shares in Loomis AB, including the company's own shares, amounts to 75,279,829.

What is the maximum amount set for the share repurchases by Loomis AB?

The share repurchases by Loomis AB may reach up to a maximum of SEK 200 million.

When will the share repurchases by Loomis AB end?

The share repurchases by Loomis AB will end no later than on April 5, 2024.