HMS Networks completes repurchase of shares

HMS Networks AB (publ) has on December 20, 2017 purchased 260,000 shares (ISIN SE0009997018) for a weighted average price of 121.75 kr. HMS Networks' holdings of own shares amounts to 361,732 after the repurchase. The total number of outstanding shares in the company is 46,818,868. The repurchase has been made on Nasdaq Stockholm.

For more information, please contact:
Staffan Dahlström, CEO HMS, [phone]
Joakim Nideborn, CFO HMS, [phone]

This information is such that HMS Networks AB (publ) is required to disclose in accordance with the EU Market Abuse Regulation, the Swedish Financial Instruments Trading Act and the Swedish Securities Market Act. The information was submitted for publication at 13:00 CET on December 21, 2017.

HMS Networks AB (publ) is the leading independent supplier of products for industrial communication and remote management. Reported sales reached SEK 952 m in 2016. Development and manufacturing take place at the headquarter in Halmstad, Sweden, and in Nivelles Belgium, Igualada, Spain and in Ravensburg, Germany. Local sales and support are handled by branch offices in China, Denmark, Finland, France, Belgium, Germany, Spain, India, Italy, Japan, UK and USA. HMS employs approximately 500 people and develops and manufactures solutions for connecting automation devices and systems to industrial networks under the Anybus®, IXXAT® and Intesis® brand and products for remote solutions and control under the eWON® brand. HMS is listed on the NASDAQ OMX in Stockholm, category Mid Cap, Information Technology.

Press Release (PDF)

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Source: HMS Networks AB via Globenewswire