SOLNA, Sweden--(BUSINESS WIRE)--Regulatory News:
NCC (STO:NCCA) (STO:NCCB):
With the support of the mandate from the Annual General Meeting April 12, 2016 the Board of Directors of NCC AB (publ) has decided on buy-back of own shares.
The Board of Directors of NCC has decided to buy around 365,000 shares of series B in the company.
The purchases, which will take place during the third quarter of 2016, must occur on Nasdaq Stockholm at a price per share within the registered range of share prices from time to time and transactions will be reported through the Stock Exchange in accordance with the applicable rules.
The purpose of the purchases is to cover commitments under LTI (long-term performance-based incentive program).
The total number of registered shares in the company amounts to 108,435,822, of which 14,522,665 are Series A shares and 93,913,157 are Series B shares. NCC has, prior to the buy-back described above, no shares held in treasury.
About NCC. Our vision is to renew our industry and provide superior sustainable solutions. NCC is one of the leading companies in construction, property development and infrastructure in Northern Europe, with sales, excluding Bonava, of SEK 53 billion and 16,000 employees in 2015.
This information is information that NCC AB is obliged to make public pursuant to the Financial Instruments Trading Act. The information was submitted for publication on July 20, 2016 at 08:30 a.m. CET.
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