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Provider: Reuters Investment Profile
Provider: Wright Reports
Provider: Directors Deals Ltd.
Provider: GlobalData

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JM AB Appoints Ernst & Young as Auditor and Announces Share Buy-Back Program

Friday, 26 Apr 2013 01:30am EDT 

JM AB announced that during the Company's 2013 Annual General Meeting (AGM), Ernst & Young has been elected as the audit company. In accordance with the Swedish Companies Act, the term of service runs until the end of the 2014 Annual General Meeting. The Company also announced that the Board of Directors of the Company resolved to utilize the share buyback authorization given at the 2013 AGM. The authorization may be utilized on several occasions, although no longer than up until the 2014 Annual General Meeting. The number of ordinary shares that may be acquired is limited such that the Company's holdings may not at any point in time exceed 10% of all the Company's shares. As per April 25, 2013, JM held a total of 4,129,962 of its own ordinary shares. 

Latest Developments for JM AB

Company Quote

-2.3 -1.01%
11:29am EDT