November 14, 2019 / 6:46 AM / a month ago

BRIEF-EQT Issues 8.7 Mln Shares, Says Will Buy Back Them All

Nov 14(Reuters) - EQT AB:

* SAID ON WEDNESDAY RESOLVED TO ISSUE 8,663,490 CLASS C SHARES AND IMMEDIATELY THEREAFTER REPURCHASE ALL OF THE ISSUED SHARES

* ALL ISSUED CLASS C SHARES WILL THEREAFTER BE REPURCHASED FROM SEB AT THE SAME PRICE

* THE PURPOSE OF THE ISSUE AND THE REPURCHASE IS TO ENSURE DELIVERY OF SHARES TO EMPLOYEES WITHIN EQT UNDER THE EQT SHARE PROGRAM ADOPTED BY THE AGM

* THE CLASS C SHARES ENTITLE TO DIVIDENDS AND EACH SHARE ENTITLES TO 1/10 VOTING RIGHT

Source text for Eikon:

Further company coverage: (Gdansk Newsroom)

0 : 0
  • narrow-browser-and-phone
  • medium-browser-and-portrait-tablet
  • landscape-tablet
  • medium-wide-browser
  • wide-browser-and-larger
  • medium-browser-and-landscape-tablet
  • medium-wide-browser-and-larger
  • above-phone
  • portrait-tablet-and-above
  • above-portrait-tablet
  • landscape-tablet-and-above
  • landscape-tablet-and-medium-wide-browser
  • portrait-tablet-and-below
  • landscape-tablet-and-below