SKÅNES FAGERHULT, Sweden,
April 28, 2017 /PRNewswire/ --
The total number of holdings of own shares at 1 January 2017 was 1,088,616 and the total number
of shares in issue was 41,570,600.
On 30 March 2017, the AGM resolved
to retire 698,600 of the company's own repurchased shares. The
retirement of shares has been carried out through a reduction of
share capital with retirement of shares and a subsequent bonus
issue to restore the share capital.
The total number of holdings of own shares at 28 April 2017 was 390,016 and the total number of
shares in issue was 40,872,000. Consequently the company's total
holdings of own shares now represent 1.0% of the total number of
shares.
Concentric AB is an innovator in flow control and fluid power,
supplying proprietary systems and components to the world's truck,
agricultural machinery, construction equipment and industrial
applications end-markets. The company has manufacturing facilities
in the UK, USA, Germany, Sweden, India, China
and Argentina. In addition to
supplying oil, fuel transfer and water pumps for diesel engines,
the group also manufactures lubrication pumps for transmissions and
compressors within its range of engine products.
For further information, please contact:
Mia Segerberg,
+46 (0)722-269080
This information was brought to you by Cision
http://news.cision.com
http://news.cision.com/concentric-ab/r/retirement-of-repurchased-own-shares,c2251523
The following files are available for download:
http://mb.cision.com/Main/1643/2251523/665069.pdf
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Retirement of
repurchased own shares
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SOURCE Concentric AB