Skanska’s Board of Directors has resolved on the repurchase of shares
ET | Source:Skanska AB
At the Board meeting on April 3, 2014, the Board resolved to exercise the Annual
Shareholders’ Meeting’s authorization concerning the repurchase of shares on the
following terms: on one or several occasions, but no longer than the Annual
Shareholders’ Meeting in 2015, not more than 4,500,000 Skanska AB Series B
shares may be acquired, the aim of which is to secure delivery of shares to
participants in Skanska’s employee ownership program, Seop (2014-2016).
Acquisition may only be made on the NASDAQ OMX Stockholm within the price
interval prevailing at any given time, meaning the interval between the highest
purchase price and the lowest selling price. On April 3, Skanska held 9,076,588
Series B shares in its own custody.
For further information please contact:
Magnus Persson, Senior Vice President Investor Relations, Skanska AB, tel +46 10
448 64 29
Edvard Lind, Head of Media Relations, Skanska AB, tel +46 10 448 88 08
This and previous releases can also be found at www.skanska.com/media/press
Skanska is one of the world’s leading project development and construction
groups with expertise in construction, development of commercial and residential
premises, and public-private partnerships projects. Based on its global green
experience, Skanska aims to be the clients' first choice for Green solutions.
The Group currently has 57,000 employees in selected home markets in Europe, in
the US and Latin America. Skanska's sales in 2013 totaled SEK 136 billion.
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