The Board of Kinnevik has resolved to utilise the authorisation granted by the 18 May 2015 Annual General Meeting and to initiate a SEK 500m share repurchase program to be carried out between 15 February 2016 and 23 March 2016. The program was executed in full and was closed on 23 March 2016.
Kinnevik's decision to repurchase its shares is in line with the company's long term objective to create shareholder value. The purpose of the repurchase program is to reduce the share capital of Kinnevik.
For further information, please see press release:
2016-02-11 Kinnevik resolves to repurchase own shares
For information regarding repurchased shares:
For information relating to the ongoing repurchase program please follow the below link:
Nasdaq - Repurchases of own shares