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IFS Repurchases Own Shares

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STOCKHOLM--(BUSINESS WIRE)--Regulatory News: The board of directors of Industrial and Financial Systems, IFS AB (STO:IFSA) (STO:IFSB) (“IFS”, XSTO: IFS), has decided, on the basis of the authorization received from the annual general meeting 2015, to repurchase a maximum of 250,000 B shares in IFS, which corresponds to approximately 1 percent of all shares in the company, for a maximum aggregate consideration of SKr 70 million. The purpose of the repurchase program is to hedge the company’s lon

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