Ambea AB (OM:AMBEA) commences an Equity Buyback for 4,912,031 shares, representing 4.93% of its issued share capital, under the authorization approved on May 11, 2023.
February 27, 2024
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Ambea AB (publ) (OM:AMBEA) commences share repurchases on February 13, 2024, under the program mandated by the shareholders in the Annual General Meeting held on May 11, 2023. As per the mandate, the company is authorized to repurchase 4,912,031 shares, representing 4.93% of its issued share capital. The company is authorized to repurchase shares in a manner such that the company?s holding in treasury does not exceed 10% of its issued share capital, including such shares that the company has acquired to be delivered to participants in the company?s incentive program. The shares shall be purchased at a price per share within the applicable share price range, i.e. the range between the highest purchase price and the lowest selling price. The purpose of the program is to give the Board an increased flexibility regarding the company?s capital structure as well as to enable acquisitions of companies and business operations where payment is made with own shares. The repurchased shares will be transferred or resold. The plan will be valid until the time of the company's Annual General Meeting in 2024. As of March 29, 2023, the company had 94,617,996 outstanding shares and had 5,055,298 treasury shares.
On February 7, 2024, the company announces a share repurchase program. Under the program, the company will repurchase up to 3,000,000 shares through its broker. The purpose of the program is to optimize the company?s capital structure and contribute to increased shareholder value.
Ambea AB (publ) is a Sweden-based holding company within the care provider group. The Ambea group offers accommodation, support, training and staffing within health and social care. The Group has over 450 units throughout Sweden and in Norway. The Swedish operations comprise the brands Vardaga, Lara and Bemanning. Among other brands, there are Rent a Doctor, Rent a Nurse, Rent a Socionom and Careteam, as well as BoA Mellanvard. The Norwegian operations comprise support and residential care in disabilities and psychiatry through the companies Heimta and Vitale. The Companyâs main shareholders are ACTR Holding Ab and Actor General Partner SARL Sweden SCA. It operates Malrettet Intervensjon AS, Elevhalsan, Stod och Resurs AB and Tiltaksgruppa fokus as subsidiaries.
Ambea AB (OM: AMBEA) commences an Equity Buyback for 4,912,031 shares, representing 4.93% of its issued share capital, under the authorization approved on May 11, 2023.
AMBEA AB 
