Atlas Copco utilizes mandates for repurchase and sale of own shares
Stockholm, Sweden, February 2, 2010: The Board
of Atlas Copco AB today reconfirmed its decision 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 AGM.
The mandates cover repurchase of not more than 5 570 000 series A
shares and the sale of not more than 1 445 000 series B shares on
NASDAQ OMX Stockholm. Purchase and sale of shares can only be made at a
price per share that falls within the registered price range at each
given time.
The purpose of repurchasing is to be able to fulfill the obligations
under the Performance Stock Option plan 2009 and the part of the board
fee relating to synthetic shares. The purpose of selling is to fulfill
obligations under the Performance Stock Option Plans 2006 and 2007.
Repurchases and sales are subject to market conditions, regulatory
restrictions and the capital situation 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. The company holds
11 275 000 series A shares and 2 428 400 series B shares.
For further information please contact:
Daniel Frykholm, Media Relations Manager
+46 (0)8 743 8060 or +46 (0)70 865 8060
Atlas Copco discloses the information provided herein pursuant to the
Securities Markets Act and/or the Financial Instruments Trading Act.