Investment AB Latour (OM:LATO B) commences an Equity Buyback Plan for 10% of its issued share capital, under the authorization approved on May 10, 2021.
November 16, 2021 at 11:30 am EST
Investment AB Latour (publ) (OM:LATO B) commences share repurchases on November 10, 2021, under the program mandated by the shareholders in the Annual General Meeting held on May 10, 2021. As per the mandate, the company is authorized to repurchase up to 10% of its issued share capital. The authority shall expire at the earliest of the next Annual General Meeting.
On May 10, 2021, the company has announced to purchase 300,000 class B shares. Repurchases will be stated from May 11, 2021, until the next Annual General Meeting.