In accordance with the authorisation issued by the Annual General Meeting of Shareholders held on 22 August 2018, Momentum Group AB (publ) has repurchased 250,000 Class B shares at an average price of SEK 87.48 per share today.

After the repurchase, Momentum Group AB’s current holding of treasury shares amounts to 500,000 Class B shares, corresponding to 1.8 percent of the total number of shares and 1.3 percent of the total number of votes. The total number of shares in Momentum Group AB, including those held by the Company, amounts to 28,265,416, of which 1,062,436 are Class A shares and 27,202,980 are Class B shares. The total number of votes in Momentum Group AB is 37,827,340.

Stockholm, 25 October 2018

Momentum Group AB (publ)

For further information, please contact:
Mats Karlqvist, Head of Investor Relations – Tel: +46 70 660 31 32

This information was submitted for publication on 25 October 2018 at 1:45 p.m. CET.


Momentum Group is one of the leading resellers of industrial consumables and components, service and maintenance to professional end users in the industrial and construction sectors in the Nordic region. The Group has annual revenue of approximately SEK 5.8 billion and approximately 1,700 employees. Momentum Group AB (publ) has been listed on Nasdaq Stockholm since June 2017. Read more at www.momentum.group.

Attachment

  • 181025 Momentum Group PR Repurchase of own shares Eng

Logo.jpg