ASSA ABLOY

May 23, 2011 02:13 ET

ASSA ABLOY: Repurchase of shares in the company

STOCKHOLM, SWEDEN--(Marketwire - May 23, 2011) - The Board of Directors has on May 20 decided to acquire maximum 300.000 series B shares. The motive for the repurchase is to financially secure the company's undertakings, including social security costs, in connection with the long term incentive programme LTI 2011.

The shares will be purchased over NASDAQ OMX Stockholm at a price within the registered share price interval at any given time. Payment of the shares shall be made in cash.

ASSA ABLOY already holds 300.000 series B shares.

ASSA ABLOY discloses the information provided herein pursuant to the Securities Markets Act and/or the Financial Instruments Trading Act. The information was submitted for publication at 08.00 CET on May 23, 2011.

Press release PDF: http://hugin.info/1014/R/1517767/454311.pdf


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Source: ASSA ABLOY via Thomson Reuters ONE

[HUG#1517767]

Contact Information

  • For more information, please contact:
    Johan Molin
    President and CEO
    tel no: +46 8 506 485 42

    Tomas Eliasson
    CFO and Executive Vice President
    tel no: +46 8 506 485 72