1. Homepage
  2. Equities
  3. Sweden
  4. Nasdaq Stockholm
  5. Epiroc AB (publ)
  6. News
  7. Summary
    EPI A   SE0015658109

EPIROC AB (PUBL)

(EPI A)
  Report
Delayed Nasdaq Stockholm  -  05/27 11:29:36 am EDT
191.95 SEK   +4.35%
05/17Epiroc to Move Drill Rig Production to China Following Japanese Plant's Sale
MT
05/17Epiroc to relocate operations from Japan to China
AQ
05/17Epiroc to Relocate Operations from Japan to China
CI
SummaryQuotesChartsNewsRatingsCalendarCompanyFinancialsConsensusRevisions 
SummaryMost relevantAll NewsAnalyst Reco.Other languagesPress ReleasesOfficial PublicationsSector newsMarketScreener Strategies

Epiroc : to utilize mandates to repurchase and sell shares

04/28/2021 | 10:36am EDT

Stockholm, Sweden: The Board of Epiroc AB has decided to use the mandates granted by the Annual General Meeting for the repurchase and sale of shares at one or more occasions until the next Annual General Meeting.

The mandates cover:

1) The acquisition of not more than 1,800,000 series A shares, whereof a maximum of 1,700,000 may be transferred to option holders under the performance-based personnel option plan 2021.
2) The acquisition of not more than 20,000 series A shares, later to be sold on the market in connection with payment to Board members who have opted to receive synthetic shares as part of their remuneration.
3) The sale of not more than 60,000 series A shares to cover costs related to previously issued synthetic shares to Board members.
4) The sale of a maximum 5,800,000 series A and series B shares currently held by the company, for the purpose of covering costs of fulfilling obligations related to the performance based personnel option plans 2016, 2017 and 2018.

Repurchases and sales are subject to market conditions, regulatory restrictions and the capital structure at any given time.

The number of issued shares is presently 1,213,738,703 whereof 823,765,854 series A shares and 389,972,849 series B shares.

For more information please contact:
Karin Larsson, Vice President Investor Relations
+46 10 755 0106
ir@epiroc.com
Ola Kinnander, Media Relations Manager
+46 70 347 2455
media@epiroc.com

Epiroc is a vital part of a sustainable society and a global productivity partner for mining and infrastructure customers. With ground-breaking technology, Epiroc develops and provides innovative and safe equipment, such as drill rigs, rock excavation and construction equipment and tools for surface and underground applications. The company also offers world-class service and other aftermarket support as well as solutions for automation, digitalization and electrification. Epiroc is based in Stockholm, Sweden, had revenues of SEK 36 billion in 2020, and has 14 000 passionate employees supporting and collaborating with customers in about 150 countries. Learn more at www.epirocgroup.com.


 

https://news.cision.com/epiroc/r/epiroc-to-utilize-mandates-to-repurchase-and-sell-shares,c3335966

https://mb.cision.com/Main/16899/3335966/1409306.pdf

(c) 2021 Cision. All rights reserved., source Press Releases - English

All news about EPIROC AB (PUBL)
05/17Epiroc to Move Drill Rig Production to China Following Japanese Plant's Sale
MT
05/17Epiroc to relocate operations from Japan to China
AQ
05/17Epiroc to Relocate Operations from Japan to China
CI
04/29Sweden's Epiroc to Purchase Australian Electrical Infrastructure Group JTMEC
MT
04/29Epiroc to acquire Australian mining electrification infrastructure provider
AQ
04/25Sweden's Epiroc to Buy Back, Sell Shares Under New Mandates
MT
04/25Epiroc to utilize mandates to repurchase and sell shares
AQ
04/25Report from Epiroc's Annual General Meeting 2022
AQ
04/25Epiroc AB Approves Dividend for 2021, Payable on May 2, 2022 and October 27, 2022
CI
04/25Epiroc AB Appoints Anthea Bath as New Board Member
CI
More news
Analyst Recommendations on EPIROC AB (PUBL)
More recommendations
Financials
Sales 2022 47 500 M 4 828 M 4 828 M
Net income 2022 8 342 M 848 M 848 M
Net cash 2022 4 452 M 452 M 452 M
P/E ratio 2022 27,8x
Yield 2022 1,78%
Capitalization 223 B 22 618 M 22 618 M
EV / Sales 2022 4,59x
EV / Sales 2023 4,14x
Nbr of Employees 15 548
Free-Float 81,3%
Chart EPIROC AB (PUBL)
Duration : Period :
Epiroc AB (publ) Technical Analysis Chart | MarketScreener
Full-screen chart
Technical analysis trends EPIROC AB (PUBL)
Short TermMid-TermLong Term
TrendsBearishNeutralNeutral
Income Statement Evolution
Consensus
Sell
Buy
Mean consensus HOLD
Number of Analysts 22
Last Close Price 191,95 SEK
Average target price 206,55 SEK
Spread / Average Target 7,60%
EPS Revisions
Managers and Directors
Helena Hedblom President, Chief Executive Officer & Director
Håkan Victor Folin Chief Financial Officer, SVP-Finance & Controlling
Ronnie Leten Chairman
Ylva Lindquist Vice President-Compliance
Anders Gerhard Ullberg Independent Director
Sector and Competitors
1st jan.Capi. (M$)
EPIROC AB (PUBL)-19.74%21 572
PACCAR, INC.-4.67%29 254
DAIMLER TRUCK HOLDING AG-11.35%25 270
KOMATSU LTD.17.10%23 413
KUBOTA CORPORATION-17.98%21 990
CNH INDUSTRIAL N.V.-13.86%19 777