Proact IT Group AB (publ) has initiated a sha...
The Board of Directors of Proact IT Group AB (publ) (“Proact”) has, pursuant to the authorisation granted by the Annual General Meeting on 5 May 2026, resolved to repurchase own shares. The repurchase programme commenced on 21 August 2026.
Repurchases may be made on one or more occasions during the period up to the next Annual General Meeting. Shares may be repurchased up to a maximum number such that Proact’s total holding does not at any time exceed 10 per cent of Proact’s total number of outstanding shares.
Repurchases shall be made in accordance with Nasdaq Stockholm’s Rule Book for Issuers. Repurchases may only be made at a price per share within the price interval applicable on Nasdaq Stockholm from time to time, meaning the interval between the highest bid price and the lowest ask price continuously quoted by Nasdaq Stockholm.
The purpose of the repurchase programme is to enable Proact to adapt the company’s capital structure in a flexible manner, and to enable the use of own shares as consideration for acquisitions and for long-term incentive programmes.
Repurchases of shares will not be announced separately, unless mandatory disclosure rules are applicable.
At the time of this press release, the total number of shares in Proact amounts to 25,651,658 shares, of which Proact currently holds 551,324 shares, corresponding to 2.15 per cent of the total number of shares.
For further information, please contact:
Magnus Lönn, CEO, Proact IT Group AB, +46 70 879 09 79, magnus.lonn@proact.eu
Åsa Regen Jansson, CFO, Proact IT Group AB, +46 72 216 33 74, asa.regen.jansson@proact.eu
About Proact
Proact is a European technology company that offers secure, sovereign and resilient hybrid cloud solutions for critical business and societal data infrastructure. We support organisations in managing, protecting and deriving value from their data in environments where availability, security and regulatory compliance are of the utmost importance.
At the intersection of hybrid cloud, cybersecurity and AI-driven data growth, Proact supports its customers in meeting the increased demand for compliance and resilience.
With over 30 years' experience, Proact employs approximately 1,100 people across 12 countries and has over 2,000 active customers.
Proact IT Group AB (publ) is listed on Nasdaq Stockholm under the ticker symbol PACT. For further information about Proact’s activities please visit us at www.proact.eu
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