STOCKHOLM, Sweden, Dec. 17, 2003 (PRIMEZONE) — Electrolux repurchased 400,000 own shares of series-B, at an average price of SEK 152.59. After this transaction, the Company holds 16,323,872 own B-shares, corresponding to 5.0% of the share capital and 3.9% of the voting rights.
The total number of shares in AB Electrolux amounts to 324,100,000.
The Electrolux Group is the world’s largest producer of powered appliances for kitchen, cleaning and outdoor use, such as refrigerators, washing machines, cookers, vacuum cleaners, chainsaws, lawn mowers, and garden tractors. Every year, customers in more than 150 countries buy more than 55 million Electrolux Group products for both consumer and professional use sold under famous brands such as AEG, Electrolux, Zanussi, Frigidaire, Eureka and Husqvarna. In 2002, Electrolux had sales of SEK 133.2 billion and 82,000 employees.