Skip to main content

The Board of Directors of Fingerprint Cards AB (publ) has resolved to exercise its authorization to repurchase own shares

Written by Customer Service on . Posted in Public Companies.

The Board of Directors of Fingerprint Cards AB (publ) has resolved to exercise its authorization by the Annual General Meeting (AGM) held on May 26, 2020 to repurchase own shares.
Acquisitions may be made on one or several occasions during the period from May 28, 2020 up until the 2021 AGM. In accordance with the authorization from the AGM on May 26, 2020, the company’s holding of own class B shares shall not at any given time exceed ten per cent (10 %) of the total number of outstanding shares in the Company.The acquisitions shall take place on Nasdaq Stockholm in accordance with Nasdaq Stockholm’s Rule Book for Issuers and only at a price per share within the share price interval registered at that time, which means the difference between the highest buying price and the lowest selling price. Payment for the shares shall be made in cash.The reason for the repurchase of shares is, among other things, to adapt and improve the company’s capital structure by reducing the capital, thereby creating additional shareholder value.Currently, Fingerprints holds 3,327,122 of its own Class B shares in treasury, corresponding to 1.06 percent of the total number of shares in the company.For information, please contact:Per Sundqvist, CFOInvestor Relations:
 +46(0)10-172 00 10, investrel@fingerprints.comAbout Fingerprints
 Fingerprint Cards AB (Fingerprints) – the world’s leading biometrics company, with its roots in Sweden. We believe in a secure and seamless universe, where you are the key to everything. Our solutions are found in hundreds of millions of devices and applications, and are used billions of times every day, providing safe and convenient identification and authentication with a human touch. For more information visit our website, read our blog, and follow us on Twitter. Fingerprints is listed on Nasdaq Stockholm (FING B).Attachment200527 – Decision to acquire own shares

Disclaimer & Cookie Notice

Welcome to GOLDEA services for Professionals

Before you continue, please confirm the following:

Professional advisers only

I am a professional adviser and would like to visit the GOLDEA CAPITAL for Professionals website.

Important Notice for Investors:

The services and products offered by Goldalea Capital Ltd. are intended exclusively for professional market participants as defined by applicable laws and regulations. This typically includes institutional investors, qualified investors, and high-net-worth individuals who have sufficient knowledge, experience, resources, and independence to assess the risks of trading on their own.

No Investment Advice:

The information, analyses, and market data provided are for general information purposes only and do not constitute individual investment advice. They should not be construed as a basis for investment decisions and do not take into account the specific investment objectives, financial situation, or individual needs of any recipient.

High Risks:

Trading in financial instruments is associated with significant risks and may result in the complete loss of the invested capital. Goldalea Capital Ltd. accepts no liability for losses incurred as a result of the use of the information provided or the execution of transactions.

Sole Responsibility:

The decision to invest or not to invest is solely the responsibility of the investor. Investors should obtain comprehensive information about the risks involved before making any investment decision and, if necessary, seek independent advice.

No Guarantees:

Goldalea Capital Ltd. makes no warranties or representations as to the accuracy, completeness, or timeliness of the information provided. Markets are subject to constant change, and past performance is not a reliable indicator of future results.

Regional Restrictions:

The services offered by Goldalea Capital Ltd. may not be available to all persons or in all countries. It is the responsibility of the investor to ensure that they are authorized to use the services offered.

Please note: This disclaimer is for general information purposes only and does not replace individual legal or tax advice.