Fabege AB (publ) has started the share buy-back programme approved by the Annual General Meeting on 2 April 2019. The AGM authorised the Board for a period no later than the next AGM to acquire Fabege shares. The shares acquired may not exceed 10 per cent of the total number of outstanding Fabege shares at any time.

 

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 of the buy-back programme Fabege owns zero own shares.

 

Fabege AB (publ)

More information is available from:

Stefan Dahlbo, President and CEO, ph +46-8-555 148 10, +46-70-353 18 88
Åsa Bergström,Vice Preident & CFO, ph. +46-8-555 148 29, +46-706-66 13 80

This information is information that Fabege 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 11:30 am CET on March 13, 2020.

Fabege AB (publ) is one of Sweden's leading property companies focusing mainly on letting and managing office premises and property development. Fabege owns properties with a carrying amount of SEK 33.4bn. The portfolio is concentrated in the Stockholm region and has an annualised rental value of SEK 2.4bn and a lettable area of 1.1m sqm. Fabege's shares are listed on Nasdaq OMX Stockholm, Large Cap segment.

https://news.cision.com/fabege/r/fabege-launches-share-buy-back,c3058971

https://mb.cision.com/Main/1568/3058971/1210796.pdf

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