Ossur Hf : Share buy-back of 1,478,700 own shares
Announcement no. 21/2018
Reykjavik, 13 March 2018
Share buy-back of 1,478,700 own shares
Today, Össur purchased 1,478,700 own shares at the price of DKK 28.10 per share. The total purchase price amounted to DKK 41.55 million, which corresponds to approx. USD 6.9 million.
The purpose of the share buy-back is to adjust the capital structure by distributing capital to shareholders in line with the Company's Capital Structure and Dividend Policy.
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Össur (NASDAQ: OSSR) is a global leader in non-invasive orthopaedics that helps people live a life without limitations. Its business is focused on improving people's mobility through the delivery of innovative technologies within the fields of braces, supports, prosthetic limbs and compression therapy. A recognized "Technology Pioneer", Össur invests significantly in research and product development; its award-winning designs ensuring a consistently strong position in the market. Successful patient and clinical outcomes are further empowered via Össur's educational programs and business solutions. Headquartered in Iceland, Össur has major operations in the Americas, EMEA and APAC, with additional distributors worldwide. www.ossur.com.