Intrum has a history of repurchasing shares through share buyback programs. These shares have later been cancelled by reduction of share capital. In addition, repurchases of shares to Intrum’s long term incentive program are made on a regular basis.
Nasdaq share repurchase website
2020 share buyback program
Pursuant to the authorization by the Annual General Meeting 2019, a share buy-back program was carried out in the company between 13 March 2020 and 15 April 2020, through which the company repurchased 9 820 402 shares.
The company previously held 600 000 shares, repurchased pursuant to authorizations from the Annual General Meetings 2018 and 2019 and relating to the company’s share based incentive programs.
The board proposed the Annual General Meeting 2020 to resolve on reduction of share capital, through cancellation of the 9 820 402 shares repurchased under the share buy-back program. The reduction of share capital was completed on June 1 2020.
Intrum Press releases
- Notification of major shareholding in own shares
- Intrum's share buyback program completed
- Background to Intrum initiating share buybacks
- Intrum launches buyback program