Announcement from Össur hf. No. 09/2014 Reykjavik, 14 March 2014 Board decisions following the Annual General Meeting 14 March 2014 Allocation of responsibilities Mr. Niels Jacobsen was re-elected as Chairman of the Board of Directors and Dr. Kristján Tómas Ragnarsson was re-elected as Vice Chairman. Mr. Arne Boye Nielsen, Mrs. Guðbjörg Edda Eggertsdóttir and Dr. Svafa Grönfeldt were appointed to the Company's Audit Committee. Authorization for management to purchase own shares on behalf of the Company With reference to the authorization to purchase own shares approved by the Company's Annual General Meeting held today, the Board granted management an authorization to purchase own shares on behalf of the Company in one or more transactions. Terms and conditions: * A purchase shall be made with the aim to maintain a desired capital level of net interest bearing debt in accordance with the Company's Dividend Policy, as amended by the Board in February 2014. * The purchase price shall not be more than 10% above or 10% below the market price on NASDAQ OMX where the shares are purchased, but always within the limits of the law at the time of purchase (currently the closing price on NASDAQ OMX where the shares are purchased the day before the purchase). * A purchase shall always be carried out within the limits of the authorization of the Annual General Meeting and in accordance with applicable law and rules. * The authorization is valid until the next Annual General Meeting in 2015. Össur press releases by e-mail If you wish to receive Össur press releases by e-mail please register at the following web-site: http://www.ossur.com/investormailings. About Össur Össur (NASDAQ OMX: OSSR) is a global leader in non-invasive orthopaedics that help people live a life without limitations. Its business is focused on improving people's mobility through the delivery of innovative technologies within the fields of braces, supports, prosthetic limbs and compression therapy. A recognized "Technology Pioneer", Össur invests significantly in research and product development; its award-winning designs ensuring a consistently strong position in the market. Successful patient and clinical outcomes are further empowered via Össur's educational programs and business solutions. Headquartered in Iceland, Össur has major operations in the Americas, Europe and Asia, with additional distributors worldwide. www.ossur.com Forward-Looking Statements This press release includes "forward-looking statements" which involve risks and uncertainties that could cause actual results to differ materially from results expressed or implied by these statements. Össur hf. undertakes no obligation and does not intend to update these forward-looking statements to reflect events or circumstances occurring after this press release. You are cautioned not to place undue reliance on these forward-looking statements, which speak only as of the date of this press release. All forward-looking statements are qualified in their entirety by this cautionary statement. [HUG#1768861]
Ossur Hf : Board decisions following the Annual General
Top 10 Most Recent News Articles
Class Action Targets Coastal Financial Over Missteps
New Crosshairs on Coastal Financial Corporation Man, it's another day and yet another fiasco in the corporate world. Late-breaking news from the trenches alerts us that Coastal Financial Corporation is in the legal spotlight. Yeah, you heard me right. We're talking about NASDAQ:CCB, the darlings turned defendants courtesy of recent allegations that could rock their stock....
Continue Reading
BRIJ Medical Secures $5M: Paving Path for Product Launches
In a world where medical advancements keep shifting gears, BRIJ Medical just pulled a fast one by closing a $5 million financing round—outpacing their original $3 million target. What drove this sudden increase? Well, it's simple. Their existing investors spotted an opportunity too ripe to pass up, proving yet again, money talks when confidence backs it up. Expanding...
Continue Reading
Zayne Burgess Accelerates Towards Formula 1 with K1 Speed
A Young Racer's Roaring Start Every once in a while, a kid shows up on the scene who just makes you sit up and pay attention. Enter Zayne Burgess, a mere 10-year-old with the skill set of a seasoned pro. If you care about the future of racing, you better start watching this young'un, because he's chasing a Formula 1 dream and has K1 Speed putting their chips on him....
Continue Reading
Kia's Thunderous October Sales Surge: What's Under the Hood?
Electric Pulse: Kia's Electrified Dreams Soar No one said the road to the top is easy, yet Kia America is cruising along with six straight months of shattering sales records. October's monumental figures paint the picture clear as a bell — 80,008 units dispatched to eager drivers, with electrified and hybrid models zooming to new heights. It ain't just the same old...
Continue Reading
Tarte's Record-Breaking Collab: 60 Seconds to Sellout
When Makeup Meets Pajamas: The Perfect Storm Picture this: a makeup brand and a lifestyle label dreaming up a collaboration that sends consumers into a full-blown frenzy. In a whirlwind that lasted just 60 seconds, tarte's latest partnership with Roller Rabbit blazed through stock, cementing its place as a record-breaking phenomenon. Maureen Kelly, tarte’s intrepid CEO,...
Continue Reading
Artprice Bridges Art and AI Across the Hispanic World
A Monumental Launch with Deep Roots I've been around long enough to see all sorts of moves in the art world and the tech world. But what Artprice by Artmarket is pulling off here—it’s a doozy. Thierry Ehrmann’s “Diálogo entre un pensador y la IA” just went live in Spanish, and that’s not some paperback thrill ride. We’re talking about an 1,800-page piece of...
Continue Reading
Jeep Wrangler Scrambler SRT: A Bold Off-Road Rebirth
A New Legend in the Making Who would've thought we'd see the day when an SRT badge graced a Jeep Wrangler with such audacity? This ain't your typical Wrangler—they’ve slapped a bit of that CJ-8 throwback swagger, and given it the full-on SRT treatment. It's a mad machine, barreling into the future with one foot firmly planted in its legendary past. You ask any...
Continue Reading
Baidu Faces Fraud Allegations: What Investors Should Know
Trouble on the Horizon for Baidu Shareholders If you've got a pulse in the world of stock trading, you've likely caught wind of the storm brewing over at Baidu, Inc. (NASDAQ: BIDU). We're talking some heavy-duty allegations of securities fraud, and a class action lawsuit that's got investors scrutinizing their portfolios like never before. The lawsuit's been filed in the...
Continue Reading
HikTech Star Tour Highlights Co-Innovation at Hikvision
Innovation Meets Collaboration at HikTech Star Tour Ever been to one of those tech expos that's more about hype than substance? No smoke and mirrors here. The 2026 HikTech Star Tour wasn’t your run-of-the-mill tech meet-up. Held in Hangzhou, the event brought together 130 tech professionals from 56 countries. It’s like a digital United Nations, but with fewer speeches...
Continue Reading
Telemed Sites Need Solid Payment Systems with AI
Brace for Impact: Payment Processors in Telehealth A new era is brewing in telehealth, with AI coding tools making website creation a breeze for healthcare folks. But here's the kicker: accepting credit cards is not as easy as setting up a snazzy booking page. Take it from Organic Payment Gateways in good ol' Scarborough, Maine, who've decided to toss their hat into this...
Continue ReadingTop 5 Most Recently Viewed Articles
Exploring AI Stocks: Meta Platforms and Palantir Technologies
As the stock market surged back in 2024, major indices like the S&P 500 and Nasdaq Composite were hitting all-time highs. This wasn’t just luck; it was driven by a hefty dose of enthusiasm around artificial intelligence (AI). The buzz around tech stocks became palpable, making even the most jaded traders perk up at their terminals. Meta Platforms: AI Behemoth on the...
Continue Reading
PetVivo Holdings Reports Significant Growth and Strategies Ahead
Highlights from PetVivo's Fiscal Year Results PetVivo Holdings, Inc. and its dedicated subsidiary, PetVivo Animal Health, has successfully reported the financial outcomes for its fiscal year, ending on March 31, 2025. Known for delivering innovative therapeutics to both equines and companion animals, the company has demonstrated remarkable growth trajectories that are...
Continue Reading
Transformative Growth in Healthcare Analytics Market Forecast
Rapid Expansion of the Healthcare Analytics Market The Healthcare Analytics market is set for remarkable growth, with projections indicating an increase from USD 42.96 billion in 2024 to USD 532.75 billion by 2035. This translates to a compound annual growth rate (CAGR) of 25.75%, driven primarily by advancements in AI-powered analytics, predictive modeling, and cloud...
Continue Reading
UK's Ripple Effect: How XRP Mining is Shaping Crypto Trends
Embracing the Future of Cryptocurrency in the UK In recent years, the cryptocurrency landscape has undergone significant transformations, especially in the UK. Reports indicate that as of early 2025, a remarkable 24% of adults in the UK possess cryptocurrencies, an increase from 18% in the previous year. This burgeoning figure puts the UK on track to surpass the United...
Continue Reading
Latham Boosts Capital Markets with Key Partner Hire
Latham & Watkins' Strategic Move Right off the bat, adding a heavy hitter like Jennifer Ying Lan into the mix is no small fry decision from Latham & Watkins. They're not just playing cards here; they're reshuffling a deck loaded with aces. Lan's arrival at their New York office from Davis Polk & Wardwell LLP is a chess move to sharpen Latham's edge on the investment-grade...
Continue Reading