Share buy back

The Annual General Meeting gave Investment AB Latour’s Board the authority to decide to buy back company shares.

This mandate allows the Board to decide until the next Annual General Meeting – if it is considered appropriate – to buy back company shares. The purpose of buying back shares is to give the Board greater freedom in their work to create value for the company’s shareholders. According to the decision the buy back is limited to a maximum of 10 percent of share capital, which follows current legislation. The Annual General Meeting has given the Board the right to use the company’s own shares to pay for acquisitions.

Share buy back

Transaction year Change in no. of shares Balance repurchased shares

Total number of bought back shares 2000-2006

8,352,500

Withdrawal 2001

-4,028,700

4,323,800

Withdrawal 2004

-4,203,800

120,000

Adjusted for split june 2007

240,000

360,000

Share buy-backs 2007

100,000

460,000

Share buy-backs 2012

237,000

697,000

Divestment through exercise of call options 2013

-115,000

582,000

Divestment through exercise of call options 2014

-115,000

467,000

Divestment through exercise of call options 2015

-64,500

402,500

Divestment through exercise of call options 2016

-79,000

323,500

Divestment through exercise of call options 2017 before split

-72,500

251,000

Adjusted for split june 2017

753,000

1,004,000

Divestment through exercise of call options 2017 after split

-12,000

992,000

Divestment through exercise of call options 2018

-269,500

722,500

Divestment through exercise of call options 2019

-165,000

557,500

Holdings' own shares

557,500

Number of issued shares

639,840,000

Number of outstanding shares

639,282,500