Volvo says to buy back up to 4.3 bln SEK of shares

Newswire

STOCKHOLM, June 17 (Reuters) - Swedish truck maker Volvo AB said on Thursday it would spend up to 4.3 billion crowns ($571 million) in a share buyback programme. The world's second largest truck-maker said it would buyback around 22 million shares to improve its capital management. "We will get started as soon as we can," Volvo investor relations manager Fredrik Brunell said. "The buybacks will be made during the second half of the year and be concluded well ahead of our general ...

Premium Content (PAID Subscription Required)

"Volvo says to buy back up to 4.3 bln SEK of shares" is part of the paid WardsAuto Premium content. You must log in with Premium credentials in order to access this article. Premium paid subscribers also gain access to:

  All of WardsAuto's reliable, in-depth industry reporting and analysis
  Hundreds of downloadable data tables including:
  •   Global sales and production data by country
  •   U.S. model-line inventory data
  •   Engine and equipment installation rates
  •   WardsAuto's North America Plant by Platform forecast
  •   Product Cycle chart
  •   Interrelationships among major OEMs
  •   Medium- and heavy-duty truck volumes
   •  Historical data and much more!


For WardsAuto.com pricing and subscription information please contact
Amber McLincha by email: amclincha@wardsauto.com or phone: (248) 799-2622
 

Current subscribers, please login or CLICK for support information.

Already registered? here.

Sponsored Introduction Continue on to (or wait seconds) ×