Proact IT Group AB (publ) has initiated a share repurchase programme

Summary by AI BETAClose X

Proact IT Group AB has initiated a share repurchase program, commencing on August 21, 2026, authorized by the Annual General Meeting on May 5, 2026. This program allows for repurchases up to 10% of outstanding shares, which currently total 25,651,658, with the company already holding 551,324 shares, or 2.15%. The repurchases will occur on Nasdaq Stockholm within the prevailing bid-ask spread and aim to provide flexibility in capital structure, facilitate acquisitions, and support long-term incentive programs.

Disclaimer*

UK 100

Latest directors dealings