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Atrium Ljungberg to buy back class B shares

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Atrium Ljungberg to buy back class B shares

The board of Swedish diversified real estate company Atrium Ljungberg AB decided to repurchase its class B shares ahead of its annual general meeting 2019.

According to a release, at no time should the company's shareholding of its class B shares constitute more than 10% of the outstanding share capital.

The repurchases are intended to give the board "greater scope to act" in relation to Atrium Ljungberg's capital structure and to increase shareholder value.