In an exciting update from Stockholm on December 23, 2024, Loomis AB has made significant moves through its repurchase program, as previously announced on October 28, 2024. The company has successfully repurchased 590,100 shares, increasing its holding of own shares to 2,514,653. This new figure represents 3.54 percent of the total outstanding shares within Loomis AB, which currently stands at 71,000,000 shares.
Here are some key points to consider regarding this recent development:
- The repurchase program initiated by Loomis AB has proven to be fruitful, with a substantial number of shares repurchased.
- Through this strategic move, Loomis AB has solidified its position within the company by increasing its ownership stake.
- The total number of outstanding shares, including those held by the company itself, represents a significant portion of the market.
For further details on the transactions involved in this repurchase program, interested parties can refer to the following link: https://www.nasdaq.com/european-market-activity/news/corporate-actions/repurchase-of-own-shares. Additionally, this press release can be accessed on the company’s official website, www.loomis.com.
For any inquiries or more information on this matter, please do not hesitate to contact:
Jenny Boström
Head of Sustainability and IR
[email protected]
+46 79 006 45 92
This latest update is a testament to Loomis AB’s commitment to enhancing shareholder value and solidifying its position in the market. With the successful completion of this repurchase program, the company is poised for continued growth and success in the future.
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