Munters Group AB commenced on 20 July 2020 the repurchase of shares pursuant to the decision to repurchase in total a maximum of 685,000 shares as announced by Munters Group AB on 16 July 2020. The purpose of the repurchases is to secure the delivery of shares to the participants of Munters’ long-term incentive programme which was resolved by the Annual General Meeting 2020, and to cover costs related to the programme.
The repurchases could commence on 18 July 2020 at the earliest and end no later than 21 September 2020 and was administrated by Nordea Bank Abp.
The repurchases may in total comprise a maximum of 685,000 shares on one or several occasions and was made on Nasdaq Stockholm in accordance with its Rule Book for Issuers. The repurchases was made at a price per share within the from time to rime registered trading interval. Payment for the shares was made in cash. Reporting was made through the stock exchange in accordance with applicable rules.
The total number of shares in Munters is 183,597,802 and as of 20 July 2020, the company held 1,852,000 own shares.
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