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Epiroc's board plans to repurchase and sell shares.

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NORDIC BUSINESS REPORT-May 10, 2019-Epiroc's board plans to repurchase and sell shares

(C)2019 M2 COMMUNICATIONS http://www.m2.com

Epiroc AB (STO:EPIA) announced on Thursday the decision by its board of directors to use the mandates granted by the Annual General Meeting for the repurchase and sale of shares on one or more occasions until the next AGM.

These mandates cover the acquisition of not more than 3,250,000 series A shares, of which a maximum of 3,150,000 may be transferred to option holders under the performance based personnel option plan 2019; the acquisition of not more than 30,000 series A shares, later to be sold on the market in connection with payment to board members who have opted to receive synthetic shares as part of their remuneration; the sale of not more than 15,000 series A shares to cover costs related to previously issued synthetic shares to board members; and the sale of a maximum 7,900,000 series...

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