Enea ends share buyback program
The Board of Directors of Enea AB has decided to end the share buyback program of the company’s own shares, which was communicated July 16, 2021. Altogether shares corresponding to approximately 0.4 per cent of the total outstanding shares and votes in the company have been repurchased during the program for a total value of SEK 21.7 million. All repurchases have been made over Nasdaq Stockholm by DNB on behalf of Enea AB during the period July 20, 2021, to December 30, 2021. Full information of the transactions has been disclosed during the program. As per today Enea AB holds 130,500 own shares. The total outstanding shares in Enea, including own shares, amounts to 21,615,231 and the outstanding shares excluding own shares amounts to 21,484,731.
The purpose of the buyback program, which included up to 180,000 shares or up to SEK 45m, was to secure shares for allocation in the previously by AGM decided long term incentive program LTIP 2019. The Board of Directors of Enea now made the assessment that a sufficient number of shares have been repurchased to ensure delivery of the shares in accordance with the incentive program and has therefore decided to end the buyback program.
Contacts
Jan Häglund, President and Chief Executive Officer
E-mail: [email protected]
Ola Burmark, Chief Financial Officer
E-mail: [email protected]
About Enea
Enea is one of the world’s leading specialists in software for telecommunications and cybersecurity. The company’s cloud-native products are used to enable and protect services for mobile subscribers, enterprise customers, and connected devices. More than 4.5 billion people rely on Enea technologies in their daily lives.
Enea is headquartered in Stockholm, Sweden, and is listed on Nasdaq Stockholm.
For more information: www.enea.com