Sweco starts repurchases of treasury shares

Sweco starts repurchases of treasury shares

 

SWECO AB (publ) is today starting a repurchase program in accordance
with decisions of the AGM on 29 April 2010. Following the AGM, the board
decided to, in accordance with the decision of the AGM, initiate the
repurchase of Sweco shares in a number equal to not more than 10 percent
of all issued shares in the Company. The authorization is valid until
the AGM 2011.

The aim of the repurchase is to give the Board greater freedom of action
in working to optimise the Company's capital structure. The repurchase
will also create opportunities for the Company to use Sweco shares as
consideration in connection with future acquisitions.

The repurchases will be made within the registered share price interval
on each repurchase occasion. Sweco currently holds 559 073 class B
treasury shares before the repurchase program starts. The shares
represent 0.6 percent of total shares and 0.3 per cent of the votes.

For further information please contact:
Bo Jansson, Vice President & CFO of Sweco, +46 8 696 66 06, +46 734 12
66 06. bo.jansson@sweco.se (bo.jansson@sweco.se)
Fredrik Hedlund, Head of Communication of Sweco, +46 8 695 66 12, +46
734 12 66 12. fredrik.hedlund@sweco.se (fredrik.hedlund@sweco.se)