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Electrolux Holding of Own Shares at 6 %.


STOCKHOLM, Sweden -- On June 16, 2006 Electrolux (STO:ELUXB)(PINK SHEETS:ELUX ELUX Embedded Linux ) holding of own shares exceeded 5 % due to Electrolux repurchase re·pur·chase  
tr.v. re·pur·chased, re·pur·chas·ing, re·pur·chas·es
To buy (something) again.

n.
The act of buying something that one previously sold or owned.

Noun 1.
 of shares.

Electrolux is obliged o·blige  
v. o·bliged, o·blig·ing, o·blig·es

v.tr.
1. To constrain by physical, legal, social, or moral means.

2.
 to inform the markets when holding of own shares moves above or below 5 %.

The Company today holds 18,661,155 own B-shares, corresponding to 6 % of the share capital and 5.1 % of the voting rights Voting rights

The right to vote on matters that are put to a vote of security holders. For example the right to vote for directors.


voting rights

The type of voting and the amount of control held by the owners of a class of stock.
.

The total number of shares in AB Electrolux amounts to 308,920,308.

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Publication:Business Wire
Date:Jun 19, 2006
Words:89
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