Concentric AB: Business description, financial summary, 3yr and interim financials, key statistics/ratios and historical ratio analysis.
Provider: Reuters Investment Profile
Provider: Wright Reports
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Concentric AB to Buy Back Own Shares
Concentric AB announced that under the authorization from the Annual General Meeting 2012, the Board of the Company has decided to buy back own shares on NASDAQ OMX Stockholm. The repurchase is made on the purposes determined by the Annual General Meeting, in order to increase the flexibility for the Board in connection to potential future corporate acquisitions, as well as to be able to improve the Company's capital structure and to cover costs for, and enable delivery of shares in accordance with, LTI 2012. Any acquisition of shares will take place before the Annual General Meeting 2013 and shall cover no more than 4,421,597 shares, equivalent to 10% of the total number of shares in the Company. The acquisitions will be managed by an investment firm or financial institution which makes its trading decisions in relation to the Company's shares independently of and without influence from the Company.
Latest Developments for Concentric AB
- Concentric AB Opens European Hydraulics Centre in Hof, Bavaria and Completes Transferring All Production Lines into New Facility
- Concentric AB Completes Acquisition Of Licos Trucktec GmbH
- Concentric AB Transfers Own Shares as Consideration for LICOS Trucktec GmbH
- Concentric AB Agrees to Acquire Licos Trucktec GmbH
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