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Instalco AB ( (SE:INSTAL) ) just unveiled an announcement.
Instalco AB held its annual general meeting, where all board and nomination committee proposals were approved. Key resolutions included the adoption of financial statements, a dividend of SEK 0.68 per share, re-election of board members, and approval of a long-term incentive program with warrants for senior management. The meeting also authorized the board to issue shares, convertible bonds, and warrants, with restrictions on the total number of shares and acquisitions. These resolutions aim to strengthen Instalco’s operational capabilities and strategic flexibility, potentially enhancing its market position and shareholder value.
More about Instalco AB
Instalco is a leading installation company in Northern Europe, specializing in electrical, heating & plumbing, ventilation, industrial solutions, and technical consulting. The company provides system design, installation, and service & maintenance for buildings and facilities across Sweden, Norway, Finland, and Germany through over 150 subsidiaries, supported by a central organization. Instalco is listed on Nasdaq Stockholm under the ticker INSTAL.
Average Trading Volume: 608,309
Current Market Cap: SEK7.79B
For a thorough assessment of INSTAL stock, go to TipRanks’ Stock Analysis page.