The AGM approved the Board's proposed imposition of an automatic program for redemption of shares
involving a split, redemption of shares
and an issue of bonus shares.
The amendments were made for the purposes of adapting the articles of association to the new provisions in the Swedish Companies Act that entered into force 1 January 2011, adapting the articles of association to the implemented reorganisation and to enable the board's proposal of redemption of shares
The Board of Directors proposes that the Annual General Meeting resolves to amend the Articles of Association as set forth below, inter alia for the purposes of adapting the Articles of Association to the new provisions in the Swedish Companies Act that entered into force 1 January 2011, adapting the Articles of Association to the implemented reorganisation and to enable the Board's proposal for redemption of shares
Since the general meeting is to vote upon the board of directors' proposal regarding redemption of shares
, and we have seen that the market's expectations are significantly lower than what we will be reporting, we believe that it is appropriate, already now, to publish provisional results for the first quarter," said Anders Ullberg, CEO of SSAB.
b) resolution to reduce share capital through an automatic redemption of shares
Finnish real estate investment company Polar Real Estate Corporation said on Monday (29 March) that it had received notification from the German real estate company IVG Immobiliere SAS regarding the redemption of shares
The board's proposition to make a share split, redemption of shares
and a corresponding "bonus issue" increase of the share capital 18.
Sweco AB (STO:SWECA) announced on Friday a change in the share capital and number of shares and votes in the company as a result of a new share issue, conversion and redemption of shares
o For the 2010 fiscal year, the Board of Directors intend to propose to the annual shareholders meeting an ordinary dividend of SEK 3 per share and an extraordinary transfer corresponding to SEK 30 per share by a redemption of shares
Major management services include the initial formation of a mutual fund, sales and redemption of shares
, investment advisory services, and day-to-day management.
00 per share through a mandatory redemption of shares
If not earlier converted, the redemption of shares
and payment will be made in accordance with the terms specified in the redemption notices sent to holders.