Puuilo Plc to start the repurchase of its own shares
Idag, 07:35
PUUILO PLC, STOCK EXCHANGE RELEASE, 25 March 2026 at 8.35 EET
The Board of Directors of Puuilo Plc has decided to start a repurchasing programme of the company's own shares based on the authorization given by the Annual General Meeting on 15 May 2025.
The share repurchases will commence on 26 March 2026 at the earliest and end on 11 May 2026 at the latest. The maximum number of shares to be repurchased in one or more instalments is 385,000 shares, corresponding to approximately 0.45% of the total number of the company’s shares, which is 84,776,953. The maximum amount to be used for the purchase of shares is €5,000,000. Shares shall be acquired otherwise than in proportion to the existing shareholdings of the shareholders, in public trading on Nasdaq Helsinki Ltd. at the market price prevailing at the time of purchase. The repurchase of own shares will be financed by the company's unrestricted equity. Currently, Puuilo Plc holds 428,519 of its own shares.
The shares shall be repurchased to be used primarily as part of the reward payments under the share-based incentive plans for key personnel.
The Board of Directors is authorised to resolve to repurchase of a maximum of 8,477,695 Puuilo’s own shares. The authorization is effective until the beginning of the next Annual General Meeting, however, no longer than until 31 July 2026.
The repurchases will be carried out in accordance with the so-called safe harbor rules referred to in Article 5 of the EU Market Abuse Regulation (EU N:o 596/2014). Puuilo Plc has appointed a third-party broker as the lead manager for the buyback program. The broker will make trading decisions independently, without influence from Puuilo Plc.
PUUILO PLC
For further information, please contact:
Annu von Weymarn, interim CFO, tel. +358 40 749 0271
Email: ir (@) puuilo.fi
Pictures for media: https://www.puuilo.fi/medialle
Ämnen i artikeln
Puuilo Plc to start the repurchase of its own shares
Idag, 07:35
PUUILO PLC, STOCK EXCHANGE RELEASE, 25 March 2026 at 8.35 EET
The Board of Directors of Puuilo Plc has decided to start a repurchasing programme of the company's own shares based on the authorization given by the Annual General Meeting on 15 May 2025.
The share repurchases will commence on 26 March 2026 at the earliest and end on 11 May 2026 at the latest. The maximum number of shares to be repurchased in one or more instalments is 385,000 shares, corresponding to approximately 0.45% of the total number of the company’s shares, which is 84,776,953. The maximum amount to be used for the purchase of shares is €5,000,000. Shares shall be acquired otherwise than in proportion to the existing shareholdings of the shareholders, in public trading on Nasdaq Helsinki Ltd. at the market price prevailing at the time of purchase. The repurchase of own shares will be financed by the company's unrestricted equity. Currently, Puuilo Plc holds 428,519 of its own shares.
The shares shall be repurchased to be used primarily as part of the reward payments under the share-based incentive plans for key personnel.
The Board of Directors is authorised to resolve to repurchase of a maximum of 8,477,695 Puuilo’s own shares. The authorization is effective until the beginning of the next Annual General Meeting, however, no longer than until 31 July 2026.
The repurchases will be carried out in accordance with the so-called safe harbor rules referred to in Article 5 of the EU Market Abuse Regulation (EU N:o 596/2014). Puuilo Plc has appointed a third-party broker as the lead manager for the buyback program. The broker will make trading decisions independently, without influence from Puuilo Plc.
PUUILO PLC
For further information, please contact:
Annu von Weymarn, interim CFO, tel. +358 40 749 0271
Email: ir (@) puuilo.fi
Pictures for media: https://www.puuilo.fi/medialle
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