April 23, 2020
Stockholm, Sweden, April 23, 2020: The Board of Atlas Copco AB has decided to use the mandates granted by the Annual General Meeting for the repurchase and sale of shares at one or more occasions until the next Annual General Meeting.
The mandates cover:
1) The acquisition of not more than 3,350,000 series A shares, whereof a maximum of 2,700,00 may be transferred to option holders under the performance based personnel option plan 2020.
2) The acquisition of not more than 15,000 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.
3) The sale of not more than 10,000 series A shares to cover costs related to previously issued synthetic shares to Board members.
4) The sale of a maximum 7,000,000 series A and series B shares currently held by the company, for the purpose of covering costs of fulfilling obligations related to the performance based personnel option plans 2015, 2016 and 2017.
Repurchases and sales are subject to market conditions, regulatory restrictions and the capital structure at any given time.
The number of issued shares is presently 1,229,613,104 whereof 839,394,096 series A shares and 390,219,008 series B shares.
Atlas Copco Group
Great ideas accelerate innovation. At Atlas Copco we have been turning industrial ideas into business-critical benefits since 1873. By listening to our customers and knowing their needs, we deliver value and innovate with the future in mind.
Atlas Copco is based in Stockholm, Sweden with customers in more than 180 countries and about 39 000 employees at year-end. Revenues of BSEK 104/10 BEUR in 2019.