Trelleborgs Board proposes synthetic buy-back of own shares
Trelleborg's Board proposes synthetic buy-back of own shares In line with the information contained in the report on the first nine months of year 2000, the Trelleborg Board has decided to convene a Special General Meeting on January 24, 2001, to get the mandate to carry out a synthetic buy-back of a maximum of 20 million of the company's own shares. Notice of the Meeting will be given in the normal way through the insertion of advertisements in the daily press on January 8, 2001. As at December 21, 2000, Trelleborg has a total of 105,607,372 shares, of which Trelleborg holds 3,972,100 as a result of the current buy-back program. For further information please contact Senior Vice President Corporate Communications Department Mikael Byström, mobile +46 708 55 21 69, CFO, Jan Björck, phone +46 410 670 28 or Corporate Communications Department +46 410 670 00. Trelleborg is a global industrial group undergoing a major process of change. Operations are based on spearhead competence within polymer materials and a high level of industrial know-how, with functional solutions and systems designed to meet the needs of our customers. The Group has annual sales of SEK 13.5 billion, with slightly more than 12,500 employees in 37 countries. Trelleborg consists of four business areas: Trelleborg Automotive, Trelleborg Wheel Systems, Trelleborg Engineered Systems and Trelleborg Building Systems. The Trelleborg share has been quoted on the A list of the OM Stockholm Exchange since 1964. www.trelleborg.com ------------------------------------------------------------ This information was brought to you by BIT http://www.bit.se The following files are available for download: http://www.bit.se/bitonline/2000/12/22/20001222BIT01260/bit0001.doc http://www.bit.se/bitonline/2000/12/22/20001222BIT01260/bit0002.pdf