Stage Entertainment, the largest provider of live entertainment in Europe, famous for such musicals as The Lion King, Aladdin, and The Bodyguard, has opted for the Microsoft Azure hybrid cloud solution from Proact VX.
The Annual General Meeting held on 2 May 2016 authorised the Board of Directors at Proact IT Group AB to implement a buyback of own shares amounting to a maximum of 10 per cent of the total number of outstanding shares.
The Board of Directors at Proact IT Group AB ("Proact") has made a decision to initiate the buyback of its own shares within the scope of the authorisation concerning the acquisition of own shares, amounting to a maximum of 10 per cent of shares, as obtained at the Annual General Meeting held on 2 May 2016. This authorisation may be exercised up to the time of the next Annual General Meeting. The purpose of buybacks is in accordance with the decision of the Annual General Meeting.
Stable development in revenues and profit continuing
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