Innofactor Plc commences the acquisition of the company’s own shares
05 Octubre 2021 - 12:00AM
Innofactor Plc commences the acquisition of the company’s own
shares
Innofactor Plc Inside Information, on October 5, 2021, at 8:00
Finnish time
Innofactor Plc’s Board of Directors has decided in its meeting
on 4 October 2021 to commence the acquisition of the company’s own
shares for the development of the company’s capital structure. The
company will acquire a maximum of 800 000 shares, which
corresponds to approximately 2.2 % of the total number of shares.
The maximum amount used for the acquisition is 1 600 000 euros. The
decision is made based on the authorization given by Innofactor
Plc’s Annual General Meeting on 30 March 2021 to acquire a maximum
of 3 600 000 shares. The repurchase of shares will
commence on 5 October 2021 at the earliest and will end at the
latest on 31 March 2022 or at an earlier Annual General
Meeting.
Innofactor Plc has 37 388 225 shares, of which the company
does not currently own any. The own shares will be acquired to the
current market price in the public trading arranged by NASDAQ
Helsinki Ltd using the company’s untied equity.
Espoo, October 5, 2021
INNOFACTOR PLC
Board of Directors
Additional information:Sami Ensio, CEOInnofactor PlcTel. +358 50
584 2029sami.ensio@innofactor.com
Distribution:NASDAQ HelsinkiMain mediawww.innofactor.com
InnofactorInnofactor is the leading driver of
the modern digital organization in the Nordic Countries for its
approximately 1,000 customers in commercial, public and third
sector. Innofactor has the widest solution offering and leading
know-how in the Microsoft ecosystem in the Nordics. Innofactor has
over 500 enthusiastic and motivated top specialists in Finland,
Sweden, Denmark and Norway. In 2016–2020, the annual growth of
Innofactor's net sales has been approximately 8.3%. The Innofactor
Plc share is listed in the technology section of the main list of
NASDAQ Helsinki Oy. www.innofactor.com #ModernDigitalOrganization
#PeopleFirst #CreatingSmiles
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