Authorization to repurchase shares has existed since 2000

As in the past eight years, the Board of Directors has decided to propose to the Annual General Meeting that it should extend the authorization of the board to decide on the repurchase of the company’s shares. Under such mandate, the board would be given the opportunity until the next Annual General Meeting – provided they deem this appropriate – to decide on the repurchase of the company’s shares. The AGM gave the Board the mandate for 2008.

Repurchases can amount up to 10 percent of the total shares outstanding in Investor. Any repurchases may be effected over the stock exchange or through offerings to shareholders. It is also proposed that the board’s mandate include the possibility to transfer repurchased shares.

Shares repurchased for hedging long-term incentive programs

The board utilized authorization within Investor AB to repurchase own shares to hedge the company's long-term incentive program on April 28, 2008. The company repurchased 154,400 B-shares in Investor on April 28, 2008 at a price of SEK 145 per share. The purpose of this buyback was to hedge the 2008 program for long-term share-based remuneration that was approved by the Annual General Meeting. In addition to the 154,400 repurchased B-shares, the company also holds 2.329,400 of its own shares to hedge the 2006, 2007 and 2008 programs.

Repurchase of own shares for capital structure purposes

No other buybacks of own shares have been carried out since Investor considers it more attractive from a long-term ownership perspective to invest capital in new and existing holdings with a high return potential.

Information updated 2009-06-29 14:26:40