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The Board of Atlas Copco AB (STO:ATCOA)(STO:ATCOB) 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 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.
Atlas Copco discloses the information provided herein pursuant to the Securities Markets Act and/or the Financial Instruments Trading Act.
Atlas Copco is a world leading provider of industrial productivity solutions. The products and services range from compressed air and gas equipment, generators, construction and mining equipment, industrial tools and assembly systems, to related aftermarket and rental. In close cooperation with customers and business partners, and with 136 years of experience, Atlas Copco innovates for superior productivity. Headquartered in Stockholm, Sweden, the Group's global reach spans more than 160 markets. In 2008, Atlas Copco had 34 000 employees and revenues of BSEK 74 (BEUR 7.7). Learn more at www.atlascopco.com.
This information was brought to you by Cision http://www.cisionwire.com
SOURCE: Atlas Copco
Atlas Copco Daniel Frykholm, Media Relations Manager +46 (0)8 743 8060 or +46 (0)70 865 8060
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