Series B shares have been repurchased to secure delivery of shares to participants in Saab’s long-term incentive programmes.
The repurchases have been made based on authorisation given to the Board of Directors by the shareholders’ meeting. Acquisitions have been made on Nasdaq Stockholm at a price that falls within the registered share price range at the time. The repurchased shares are held as treasury shares.
The Annual General Meeting 2023 authorised the Board, before the next Annual General Meeting, to decide on the acquisition of series B shares up to a maximum of 10 per cent of the total number of shares in the company. The purpose of the authorisation is to be able to adjust the company’s capital structure and thereby contribute to increased shareholder value as well as to enable continued use of repurchased shares in connection with potential acquisitions of companies and for the company’s share-related incentive programmes.