Castellum has resolved on repurchases of own shares
The Board of Directors of Castellum AB (publ) has, based on the authorisation from the Annual General Meeting 2020, resolved on repurchases of own shares. The purpose of the repurchases is to be able to adapt the capital structure of the company to its capital needs and thereby contribute to an increased shareholder value. The repurchases may be carried out on Nasdaq Stockholm and only to the extent that the company will hold a maximum of ten per cent of all the shares in the company.
Castellum is one of the largest listed real estate companies in Sweden. Property values total SEK 96.3 billion and holdings comprise office, warehousing/logistics and public-sector properties, covering a total leasable area of 4.3 million square metres.
Castellum was advised by Mannheimer Swartling in connection with the Board’s decision on repurchases of own shares.