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Sinch AB (publ) informs about share buybacks
Prnewswireยท2025-08-12 11:22

Core Viewpoint - Sinch AB has repurchased a total of 15,279,642 shares as part of its buyback program, which aims to acquire up to ten percent of the total shares outstanding [1][2]. Group 1: Share Buyback Details - The buybacks occurred between July 24 and August 8, 2025 [1]. - The board's decision on July 21 initiated the buyback program [2]. - Sinch AB has a total of 844,935,967 issued shares, of which it now holds 15,279,642 as treasury shares [2]. Group 2: Company Overview - Sinch is a leader in customer communications, providing services to over 175,000 businesses, including major tech companies [3]. - The company has been profitable and has experienced rapid growth since its establishment in 2008 [3]. - Sinch is headquartered in Stockholm, Sweden, and its shares are traded on NASDAQ Stockholm under the ticker SINCH [3].