Catena to repurchase shares


Catena to repurchase shares

Catena's Annual General Meeting decided April 28, 2010 to provide the
Board with a authorization that, in the period until the next AGM, to
acquire such maximum number of shares in Catena AB to the company after
acquisition, holding a maximum of one tenth of the total number of
registered shares. 

Catena's board has under this authorization, decided to acquire a
maximum of 1,156,000 shares. The acquisitions will be done on the NASDAQ
OMX Stockholm at the current share price. 

Catena currently has no holding of treasury shares.

The purpose of the buyback of own shares is to continuously adapt the
company's capital structure to its capital requirement at any given
time, thereby enabling a contribution to enhanced shareholder value and
the possibility of financing acquisitions through payment using the
company's own shares. 
  

 

For information, please contact Peter Hallgren, President and CEO, tel
+46-31-760 09 32, or Rune Jonsson, CFO, tel +46-31-760 09 35 
 

This information is such that Catena AB (publ) must release it publicly
in accordance with the Swedish Securities and Clearing Operations Act
and/or the Financial Instruments Trading Act. The information was
released to the public on June 8, 2010, at 3.15 p.m.

Catena shall own, effectively manage and actively develop commercial
real estate in prime locations that offers the potential to
generate steadily growing cash flow and favorable value growth. Catena's
overriding objective is to provide shareholders with a favorable,
long-term total return by being one of the leading players involved in
commercial real estate in a number of strategic locations.

For more information about Catena, visit www.catenafastigheter.se


Attachments

06082213.pdf
GlobeNewswire