Saab authorises repurchase of company shares

The 2010 AGM of Swedish car manufacturer Saab resolved to authorise the board of directors to decide to repurchase the company’s shares, in order to hedge the company’s Share Matching Plan and Performance Share Plan.

Saab is announcing that the board has decided to utilise its authorisation for this purpose.

Acquisitions will be made on OMX Stockholm at a price within the registered share-price interval on each occasion.

They can be made as of 26 July 2010 until next year’s AGM.