Repurchased Shares in Karo Pharma During Week 26 2018

News provided by

Karo Pharma

02 Jul, 2018, 06:15 GMT

STOCKHOLM, July 2, 2018 /PRNewswire/ -- During the period 25 June 2018 to 29 June 2018, Karo Pharma AB (publ) (LEI code 213800G54Z51LOPGTA79) has repurchased in total 460,816 own shares (ISIN: SE00007464888). The repurchases form part of the SEK 86.3 million share repurchase programme that Karo Pharma announced on 18 June 2018. The share repurchase programme, which runs between 18 June 2018 and 31 August 2018, is being carried out in accordance with the Market Abuse Regulation (EU) No 596/2014 ("MAR") and the Commission Delegated Regulation (EU) No 2016/1052.

During the period 25 June 2018 – 29 June 2018, shares in Karo Pharma have been repurchased as follows.

Date

Aggregated daily

volume (number of shares)

Weighted averages hare price per day (SEK)

Total daily transaction value (SEK)

 

25 June 2018

104 906

29.278900

3 125 045

26 June 2018

100 000

29.206900

2 920 690

27 June 2018

78 000

29.595300

2 308 433

28 June 2018

98 332

29.657800

2 916 311

29 June 2018

79 578

28.621200

2 357 196

All acquisitions have been carried out on Nasdaq Stockholm by Swedbank in cooperation with Kepler Cheuvreux SA on behalf of Karo Pharma. Following the above acquisitions, Karo Pharma's holding of own shares amounts to 844,105 shares as of 29 June 2018. The total number of shares in Karo Pharma is 164,332,782.

A full breakdown of the transactions pursuant to article 5.3 of MAR and article 2.3 of the Safe Harbour Regulation is available at www.karopharma.com. The total volume of Karo Pharma's shares which have been bought back within the repurchase programme from 18 June 2018 until and including 29 June 2018 amounts to 844,105 shares. In total a maximum of 2 464 990 shares may be repurchased. For information about all transactions in the buy-back programme see the following link to Nasdaq Stockholm's website: http://www.nasdaqomx.com/transactions/markets/nordic/corporate-actions/stockholm/repurchases-of-own-shares.

FOR ADDITIONAL INFORMATION, PLEASE CONTACT:

Peter Blom, CEO, +46(0)70-655 56 98 or peter.blom@karopharma.se 

ABOUT KARO PHARMA

Karo Pharma is a Specialty Pharma company, which develops and markets products for pharmacies as well as directly to the healthcare sector. Karo Pharma is listed on Nasdaq Stockholm Mid Cap.      

The information was submitted for publication, through the above contact person´s agency, at 08.00 CEST on 2 July 2018. This press release is also available at www.karopharma.se and www.newsroom.cision.com.

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http://news.cision.com/karo-pharma/r/repurchased-shares-in-karo-pharma-during-week-26-2018,c2565382

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