{"id":15513,"date":"2024-08-30T08:00:00","date_gmt":"2024-08-30T06:00:00","guid":{"rendered":"https:\/\/www.note-ems.com\/press-releases\/styrelsen-i-note-har-beslutat-att-utnyttja-bemyndigandet-for-aterkop-av-egna-aktier\/"},"modified":"2025-12-02T08:28:03","modified_gmt":"2025-12-02T07:28:03","slug":"the-board-of-directors-of-note-has-decided-to-exercise-the-authorisation-to-repurchase-own-shares","status":"publish","type":"mfn_news","link":"https:\/\/www.note-ems.com\/en\/pressmeddelande\/styrelsen-i-note-har-beslutat-att-utnyttja-bemyndigandet-for-aterkop-av-egna-aktier\/","title":{"rendered":"The Board of Directors of NOTE has decided to utilise the authorisation to repurchase own shares"},"content":{"rendered":"<div class=\"mfn-preamble\">\n<p><strong>The Board of Directors of Note AB (publ) (\u201dNote\u201d) has decided, based on the authorisation granted by the Annual General Meeting on 18 April 2024, to acquire own shares on Nasdaq Stockholm. The purpose of the repurchase is to adjust the company's capital structure and to contribute to shareholder value.<\/strong><\/p>\n<\/div>\n<div class=\"mfn-body\">\n<p>The repurchase of own shares is subject to the following conditions:<\/p>\n<ul>\n<li>Repurchases may not exceed 1 000 000 shares.<\/li>\n<\/ul>\n<ul>\n<li>Note's holding of own shares may not at any time exceed ten (10) per cent of all shares in the company. Acquisitions shall be made on Nasdaq Stockholm in accordance with its Nordic Main Market Rulebook for Issuers of Shares.<\/li>\n<\/ul>\n<ul>\n<li>Acquisitions may take place on one or more occasions between 30 August 2024 and the 2025 AGM. No acquisitions will be made for thirty days before Note publishes a financial report.<\/li>\n<\/ul>\n<ul>\n<li>Acquisitions may be made against cash payment on Nasdaq Stockholm.<\/li>\n<\/ul>\n<ul>\n<li>Acquisitions may be made at a price that falls within the price interval registered on Nasdaq Stockholm at any given time, meaning the interval between the highest bid price and the lowest ask price. Acquisitions may also be made through block trades in accordance with applicable rules.<\/li>\n<\/ul>\n<ul>\n<li>In line with the authorisation granted by the Annual General Meeting, the purpose of the buy-back is to be able to continuously adapt the company's capital and share structure in order to contribute to increased shareholder value.<\/li>\n<\/ul>\n<ul>\n<li>The buy-backs will be carried out by Skandinaviska Enskilda Banken, which will act under instructions from Note.<\/li>\n<\/ul>\n<p>The total number of shares in Note amounts to 28,983,600. At the time of this press release, Note holds no own shares.<\/p>\n<\/div>\n<div class=\"mfn-footer mfn-contacts mfn-6bd2645cb295\">\n<p><strong class=\"mfn-heading-1\">For further information, please contact:<\/strong><br \/>Johannes Lind-Widestam, President and CEO, tel. 070-541 72 22 <strong><br \/><\/strong>Frida Frykstrand, Finance Director, tel. 070-462 09 39<\/p>\n<\/div>\n<div class=\"mfn-footer mfn-about mfn-d068791129ea\">\n<p><strong class=\"mfn-heading-1\">About NOTE<\/strong><br \/><em>NOTE manufactures printed circuit boards (PCBA), sub-assemblies and complete products (box build). NOTE is a competitive electronics manufacturer and a stable business partner to customers with high standards. Its products are found in complex systems for electronic control, monitoring and security, for example.<\/em><br \/><em>\u00a0<\/em><br \/><em>The business model is based on offering advanced manufacturing, customised logistics solutions and advice at the best possible total cost through long-term customer relationships and partnerships. The customer offering covers the entire product life cycle, from design to aftermarket. Customers are primarily large companies operating on the global market, but also companies with their primary sales in northern Europe.<\/em><br \/><em>\u00a0<\/em><br \/><em>NOTE is established in Sweden, Finland, the UK, Estonia, Bulgaria and China. Sales in the last 12 months totalled SEK 3,849 million and the group has some 1,450 employees. NOTE is listed on Nasdaq Stockholm. For more information, please visit <\/em><em><a href=\"http:\/\/www.note-ems.com\/en\/\" rel=\"noopener\" target=\"_blank\">www.note-ems.com<\/a><\/em><em>.<\/em><\/p>\n<\/div>\n<div class=\"mfn-footer mfn-attachment mfn-attachment-general\">\n<p><strong class=\"mfn-heading-1\">Attached files<\/strong><br \/><a class=\"mfn-generated mfn-primary\" href=\"https:\/\/storage.mfn.se\/98f845c6-e777-4889-b03c-8643b4a48254\/styrelsen-i-note-har-beslutat-att-utnyttja-bemyndigandet-for-aterkop-av-egna-aktier.pdf\" rel=\"noopener\" target=\"_blank\">The Board of Directors of NOTE has decided to utilise the authorisation to repurchase own shares<\/a><\/p>\n<\/div>\n<script>\n                Array.prototype.slice.call(document.querySelectorAll(\".mfn-footer.mfn-attachment\")).forEach(function (el) { el.remove() });\n            <\/script>\n        <div class=\"mfn-attachments-container\"><div class=\"mfn-attachment\"><a class=\"mfn-attachment-link\" href=\"https:\/\/storage.mfn.se\/98f845c6-e777-4889-b03c-8643b4a48254\/styrelsen-i-note-har-beslutat-att-utnyttja-bemyndigandet-for-aterkop-av-egna-aktier.pdf\" target=\"_blank\" rel=\"noopener\"><span class=\"mfn-attachment-icon\"><img decoding=\"async\" src=\"https:\/\/storage.mfn.se\/98f845c6-e777-4889-b03c-8643b4a48254\/styrelsen-i-note-har-beslutat-att-utnyttja-bemyndigandet-for-aterkop-av-egna-aktier.pdf?type=jpg\"><\/span>The Board of Directors of NOTE has decided to utilise the authorisation to repurchase own shares<\/a><\/div><\/div>","protected":false},"excerpt":{"rendered":"Styrelsen i Note AB (publ) (\u201dNote\u201d) har beslutat att, med st\u00f6d av bemyndigandet fr\u00e5n \u00e5rsst\u00e4mman den 18 april 2024, f\u00f6rv\u00e4rva egna aktier p\u00e5 Nasdaq Stockholm. Syftet med \u00e5terk\u00f6pet \u00e4r att justera bolagets kapitalstruktur och att bidra till aktie\u00e4garv\u00e4rde. \u00c5terk\u00f6pen av egna aktier \u00e4r f\u00f6rem\u00e5l f\u00f6r f\u00f6ljande villkor: \u00c5terk\u00f6p f\u00e5r omfatta h\u00f6gst 1 000\u00a0000 aktier. Notes &#8230;","protected":false},"template":"","class_list":["post-15513","mfn_news","type-mfn_news","status-publish","hentry","mfn-news-tag-mfn-ca","mfn-news-tag-mfn-type-ir","mfn-news-tag-mfn-regulatory-listing","mfn-news-tag-mfn","mfn-news-tag-mfn-regulatory","mfn-news-tag-mfn-ca-shares-repurchase","mfn-news-tag-mfn-ca-shares","mfn-news-tag-mfn-lang-sv"],"acf":[],"_links":{"self":[{"href":"https:\/\/www.note-ems.com\/en\/wp-json\/wp\/v2\/mfn_news\/15513","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.note-ems.com\/en\/wp-json\/wp\/v2\/mfn_news"}],"about":[{"href":"https:\/\/www.note-ems.com\/en\/wp-json\/wp\/v2\/types\/mfn_news"}],"wp:attachment":[{"href":"https:\/\/www.note-ems.com\/en\/wp-json\/wp\/v2\/media?parent=15513"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}