STOCKHOLM--(BUSINESS WIRE)--Regulatory News:
Investor AB (STO:INVEA) (STO:INVEB) (LSE:INU):
The Annual General Meeting 2013 decided to authorize the Company’s Board to decide on the transfer of the Company’s own shares in order to secure commitments and costs for Investor’s long-term variable remuneration program and for the issue of synthetic shares as part of the Board remuneration. Investor hereby announces that the Company’s Board has decided to utilize the authorization for these purposes.
The transfer of own shares may take place on NASDAQ OMX Stockholm during the period from October 24, 2013, up to and including May 6, 2014 at a price within the from time to time registered price interval. Transfers will not be made during the thirty-day periods prior to ordinary quarterly reports, the day of the announcement included.
Investor currently owns 6,458,994 of its own B-shares and the maximum number of shares that may be transferred amounts to 1,500,000 B-shares.
Our press releases can be accessed at www.investorab.com
Investor is the leading owner of high quality Nordic-based international companies, founded by the Wallenberg family a hundred years ago. Through board participation, our industrial experience, network and financial strength, we strive to make our companies best-in-class. Our holdings include Atlas Copco, SEB, ABB, Ericsson and Mölnlycke Health Care.
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