Trelleborg AB has repurchased shares corresponding to 5.25 percent of total number of Group shares outstanding
Trelleborg AB has repurchased shares corresponding to 5.25 percent of total number of Group shares outstanding Trelleborg AB has been authorized by the Annual General Meeting to continue to repurchase shares through a buy-back program in an amount not exceeding 10 percent of the Group's own shares outstanding. As at October 1, 2002, the Group has acquired 247,000 Trelleborg Series B shares. Accordingly, Trelleborg owns a total of 4,756,000 Series B shares. This corresponds to 5.25 percent of the total number of shares outstanding and 2.70 percent of the voting rights in the Trelleborg Group. Trelleborg AB also publishes the volume of shares repurchased in the Group's buy-back program on its website at www.trelleborg.com For further information, please contact Trelleborg's Chief Financial Officer Jan Björck, telephone +46 (0)410-670 28, or the Trelleborg Corporate Communications Department, telephone +46 (0)410-670 00. Trelleborg is a global industrial group. Operations are based on spearhead competence within polymer materials and a high level of industrial know-how, combined with functional solutions and systems designed to meet the needs of our customers. The Trelleborg Group has annual sales of approximately SEK 18 billion, with about 16,000 employees in 40 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 OM Stockholmsbörsen (the Stockholm Exchange) since 1964. www.trelleborg.com ------------------------------------------------------------ This information was brought to you by Waymaker http://www.waymaker.net The following files are available for download: http://www.waymaker.net/bitonline/2002/10/02/20021002BIT00190/wkr0001.doc http://www.waymaker.net/bitonline/2002/10/02/20021002BIT00190/wkr0002.pdf