HMS Networks completes repurchase of shares
HMS Networks AB (publ) has on February 4, 2020 purchased 40,000 shares (ISIN SE0009997018) for a weighted average price of SEK 150.00. HMS Networks’ holdings of own shares amounts to 242,999 after the repurchase. The total number of outstanding shares in the company is 46,818,868. The repurchase has been made on Nasdaq Stockholm.
For more information, please contact:
Staffan Dahlström, CEO HMS, 1
Joakim Nideborn, CFO HMS, 3
HMS Networks AB (publ) is the leading independent supplier of solutions for industrial communication and the Industrial Internet of Things. HMS develops and manufactures products under the Anybus®, Ixxat®, Ewon® and IntesisTM brands. Development takes place at the headquarters in Halmstad, Ravensburg, Nivelles, Igualada, Wetzlar and Buchen. Local sales and support are handled by branch offices in Germany, USA, Japan, China, Singapore, Italy, France, Spain, the Netherlands, India, UK, Sweden, South Korea and UAE, as well as through a worldwide network of distributors and partners. HMS employs over 600 people and reported sales of SEK 1,519 million in 2019. HMS is listed on the NASDAQ OMX in Stockholm, category Mid Cap, Information Technology.
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