Elekta engages in stock buy back

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Radiotherapy device and informatics developer Elekta said that it has repurchased more than 870,000 of its B shares between July 4 and July 12 this year, according to the Stockholm, Sweden-based firm.

The company reported that the average price per share was Swedish kronor 114.73 ($17.29, U.S.) and its total expenditure in the buy-back initiative was 99.99 million kronor ($15 million). Elekta said it current B-share holdings are 1.63 million shares of a total of 93.8 million available shares.