STOCKHOLM--(BUSINESS WIRE)--Regulatory News:
The 2012 Annual General Meeting of Haldex AB (STO:HLDX) of shareholders resolved to authorize the company’s Board of Directors to make decisions concerning the buyback of the company’s own shares in order to safeguard the company’s option program. Haldex hereby announces that the company’s Board of Directors has decided to exercise the authorization for this purpose.
The shares will be purchased on Nasdaq OMX Stockholm at a price within the registered span of prices at the particular time.
Share buybacks will be permissible from December 20, 2012 through February 21, 2013. No shares will be bought back during a period of 30 days prior to the publication of the yearend report, including the date of publication.
On December 20, 2012 Haldex AB owned 0 treasury shares. The total number of shares issued by Haldex is currently 44,215,970 and the number of shares to be bought back may not exceed 260 800.
Haldex (www.haldex.com), headquartered in Landskrona, Sweden, is a provider of proprietary and innovative solutions to the global commercial vehicle industry, with focus on products in vehicles that enhance safety, environment and vehicle dynamics. Haldex is listed on the Nasdaq OMX Stockholm Stock Exchange and had net sales of approx 4 billion SEK in 2011. The number of employees amounts to about 2,350.
Haldex AB (publ) is required to publish the above information under the Swedish Financial Instruments Trading Act. The information was submitted for publication on December 20, 2012 at 08:30 CET.
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