Repurchase program of Loomis' shares
Loomis AB, as part of its ongoing repurchase program initiated on May 5, 2022, has successfully repurchased 424,600 shares by May 31, 2022. This brings the total number of treasury shares held by the company to 1,858,382. Currently, the total issued shares of Loomis amount to 75,279,829. The share buyback is designed to enhance shareholder value and potentially improve earnings per share (EPS) in the future.
- Share repurchase of 424,600 shares enhances shareholder value.
- Total treasury shares now stand at 1,858,382, indicating strong buyback activity.
- None.
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SOLNA, Sweden, June 1, 2022 /PRNewswire/ -- Loomis AB has through the repurchase program that was resolved and communicated on May 5, 2022, and that is still being executed, repurchased 424,600 own shares as of May 31, 2022. The company's holding of own shares thereby amounts to 1,858,382 shares. The total amount of shares in the company, including the company's own shares, amount to 75,279,829.
This press release is also available on the company's website, www.loomis.com.
CONTACT:
Anders Haker
Chief Investor Relations Officer
Mobile: +1 281 795 8580
E-mail: anders.haker@loomis.com
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SOURCE Loomis AB
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