Ericsson Nikola Tesla d.d. announces the program for acquiring own shares
June 13, 2025
Hereby, Ericsson Nikola Tesla d.d. (“the Company”) announces that during 2025 the Company’s Management Board will begin to purchase the Company’s own shares, pursuant to the Decisions on granting an authorization to the Company’s Management Board to award treasury shares to the Company’s employees, which were adopted at the Company’s Extraordinary General Meeting held on November 22, 2024, and at the Regular General Meeting held on June 29, 2021. The purpose of the acquisition of shares is to meet the obligations to award shares to the Company’s employees in line with the Rewards Programs.
The highest number of its own shares that the Company intends to acquire is 20,000 shares, while the maximum amount of money allocated for this purpose amounts to EUR 4,400,000. The program starts on June 16, 2025, and ends on October 15, 2029, at the latest.
The Company plans to acquire its own shares on the Regulated Market of the Zagreb Stock Exchange. For the purpose of program execution, the Company will engage regulated investment companies that will buy shares on the Zagreb Stock Exchange, independently and without the Company’s influence in terms of the timing of purchasing shares, thereby ensuring the appropriate and efficient procedures and mechanisms to reach independent decisions to acquire shares in terms of Article 9, paragraph 1 of the Market Abuse Regulation.
Ericsson Nikola Tesla d.d. will report and publish the prescribed information about the transactions that refer to the program for acquiring own shares on the website of the Company, Croatian News Agency, Zagreb Stock Exchange and in the Official Register of Prescribed Information of the Croatian Financial Services Supervisory Agency.
Ericsson Nikola Tesla d.d.