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13 February 2024, 10:30 CET
The Board of Directors of Green Landscaping Group AB (publ) ("Green Landscaping") has, with the support of the authorization from the Annual General Meeting on 17 May 2023, decided to extend the repurchase program of own shares. The purpose of the share buy-back program is to enable Green Landscaping Group to use repurchased own shares to finance future acquisitions and avoid dilution for existing owners.
The authorization gives the company the opportunity to repurchase and hold a maximum of 10 percent of the outstanding shares.
At the time of this press release, the total number of shares and votes in Green Landscaping Group is 56,799,575 of which the number of own shares amounted to 439,054. Completed acquisitions of treasury shares will be announced and notified in accordance with applicable laws and regulations and Nasdaq Stockholm Rules for issuers.
For more information:
Magnus Larsson, Head of Investor Relations, Green Landscaping Group AB
+46 70 270 52 83,
Green Landscaping Group AB (publ) is a home for entrepreneurs. The service areas it is involved in are landscaping and construction, ground maintenance and snow & ice removal. The Group has closer to 3,000 employees and net sales amounted to SEK 5.8 billion for 2023. The shares are listed on Nasdaq Stockholm with the ticker GREEN. For more information visit www.glgroup.se.
This disclosure contains information that Green Landscaping is obliged to make public pursuant to the EU Market Abuse Regulation (EU nr 596/2014). The information was submitted for publication, through the agency of the contact person, on 13-02-2024 10:30 CET.