Stillfront completes repurchase of own shares
Stillfront Group AB (publ) (”Stillfront”) has successfully completed the share repurchase program that was announced on 23 October 2024. Stillfront acquired 5,454,698 own shares on Nasdaq Stockholm between 24 October 2024 and 18 December 2024 for an aggregated amount of approximately SEK 40 million. The acquired shares will be used for earnout payments relating to 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 15,699,698 own shares. The total number of shares in Stillfront amounts to 517,968,480.