Diös Fastigheter AB (publ) has today started a share buy-back programme approved by the Annual General Meeting ("AGM") on 23 April 2019. The AGM authorised the Board for a period no later than the next AGM to acquire Diös shares. The number of shares repurchased may not exceed such number as would cause the Group's total holding of treasury shares after the share buybacks to exceed ten (10) per cent of all outstanding shares of the company.
The purpose of the buy-back programme is to enable the Company to continuously adapt its capital requirements and thereby improve shareholder value. The repurchases will be made on the Stockholm Stock Exchange at a price within the registered share price interval on each repurchase occasion. Before launching the buy-back programme Diös holds no treasury shares. Diös has instructed ABG Sundal Collier to acquire shares on behalf of the company within the framework of the buy-back programme.
For further information, please contact:
Knut Rost, CEO Diös Fastigheter
Phone: +46 (0)10-470 95 01
Rolf Larsson, CFO Diös Fastigheter
Phone: +46 (0)10- 470 95 03
This information is information that Diös Fastigheter AB is obliged to make public pursuant to the EU Market Abuse Regulation. The information was submitted for publication, through the agency of the contact person set out above, at 10:30 CET on March 19, 2020.
Diös Fastigheter owns and develops both commercial and residential properties in prioritized growth cities. With a market value of approx. SEK 22.9 billion, a portfolio of 333 properties and a lettable area of 1,483,000 sq.m, our vision is to create the most inspiring cities in Sweden. The market extends from Borlänge to Luleå, and the company's head office is in Östersund. Since it started in 2005, the company has had continuous growth in the value of its property portfolio and its shares are listed on NASDAQ OMX Stockholm, Mid Cap. Find out more about Diös at www.dios.se
Diös Fastigheter AB (publ), Box 188, SE-831 22 Östersund | Phone: +46 770-33 22 00, email@example.com, www.dios.se | Corp Id: 556501-1771
(c) 2020 Cision. All rights reserved., source Press Releases - English