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 ...

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