Stillfront completes repurchase of own shares
Stillfront Group AB (publ) (”Stillfront”) has successfully completed the share repurchase program that was announced on 22 July 2024. Stillfront acquired 10,245,000 own shares on Nasdaq Stockholm between 23 July and 19 September for an aggregated amount of approximately SEK 80 million. The acquired shares will be used for earnout payments relating to previous acquisitions.
Stillfront’s annual general meeting on 14 May 2024 authorized the board to resolve on new share repurchase programs during the period until the next annual general meeting.
At the time of this press release, Stillfront holds 10,245,000 own shares. The total number of shares in Stillfront amounts to 517,968,480.