The Annual General Meeting on 16 March 2022 approved to renew an authorization for the company to acquire up to 10% of its own shares, valid for 18 months. Earlier authorization was withdrawn. The authorization was previously approved at the Marel’s Annual General Meeting on 17 March 2021.
The main purpose of the program, valid for 18 months was to reduce the company’s share capital, where the shares purchased may also be used to meet the company’s obligations under share incentive programs with employees.
No treasury shares were purchased in 2021.
For more information on the share buyback program, please refer to the most recent Annual Report and stock exchange announcements.