The Board of Directors of Green Landscaping Group AB (publ) (“Green Landscaping”) has, with the support of the authorization from the Annual General Meeting on 25 April 2024, decided to extend the repurchase program of own shares. The purpose of the share buy-back program is to enable Green Landscaping Group to use repurchased own shares to finance future acquisitions and avoid dilution for existing owners.
The authorization gives the company the opportunity to repurchase and hold a maximum of 10 percent of the outstanding shares.
Repurchases may further take place on the following conditions:
At the time of this press release, the total number of shares and votes in Green Landscaping Group is 56,799,575 of which the number of own shares amounted to 691,305. Completed acquisitions of treasury shares will be announced and notified in accordance with applicable laws and regulations and Nasdaq Stockholm Rules for issuers.
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