Atlas Copco to utilize mandates to repurchase and sell shares
April 26, 2022
The mandates cover:
1) The acquisition of not more than 3,000,000 series A shares, whereof a maximum of 2,400,000 may be transferred to option holders under the performance based personnel option plan 2022.
2) The acquisition of not more than 15,000 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 15,000 series A shares to cover costs related to previously issued synthetic shares to Board members.
4) The sale of a maximum 8,800,000 series A 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, 2018 and 2019.
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 1,229,613,104 whereof 839,394,096 series A shares and 390,219,008 series B shares.
For more information please contact:
- Daniel Althoff, Vice President Investor Relations
+46 76 899 9597
[email protected]
- Sara Hägg Liljedal, SVP Chief Communications Officer
+46 72 144 1038
[email protected]
Atlas Copco Group
Great ideas accelerate innovation. At Atlas Copco we have been turning industrial ideas into business-critical benefits since 1873. By listening to our customers and knowing their needs, we deliver value and innovate with the future in mind. In 2021, Atlas Copco had revenues of BSEK111 and at year end about 43 000 employees.
20220426 Atlas Copco to utilize mandates to repurchase and sell shares
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