Balco Group AB ( (SE:BALCO) ) has issued an announcement.
At its 2025 Annual General Meeting, Balco Group AB resolved to carry forward funds without paying a dividend and re-elected its Board members and auditor. The company introduced a new incentive program for senior executives, involving the issuance of up to 230,000 warrants, potentially increasing the share capital by SEK 1,380,054.17. The meeting also authorized the Board to issue new shares and manage the acquisition and transfer of own shares until the next meeting. These decisions are aimed at strengthening Balco’s financial flexibility and aligning management incentives with shareholder interests.
More about Balco Group AB
Balco Group is a leading player in the balcony industry, focused on providing innovative, patented, and energy-efficient solutions for multi-dwelling buildings. The company enhances the quality of life, safety, and value of homes through its tailored products and maintains control over its value chain from production to delivery. Founded in 1987 in Växjö, Balco Group is a market leader in Scandinavia and operates in several Northern European markets, employing approximately 600 people. It is listed on the Nasdaq Stockholm and reported a revenue of 1,418 MSEK for 2024.
Average Trading Volume: 19,633
Current Market Cap: SEK547.9M
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