Valmet announced on December 18, 2024, that the Board of Directors of Valmet has decided to use the authorization granted by the Annual General Meeting held on March 21, 2024, to repurchase the Company’s own shares. Based on the authorization, the Board decided to initiate a fixed-term share buy-back program for the purpose of acquiring the Company’s own shares to meet part of the obligations arising from its share-based long-term incentive plans (LTI Plans) and the Restricted Share Pool incentive.
The share acquisitions will begin today, February 14, 2025, and will end at the latest on March 7, 2025. The maximum number of shares to be acquired is 115,000. The shares will be acquired at market price in public trading on Nasdaq Helsinki Ltd.
Before the start of these share acquisitions, Valmet owns a total of 364,258 treasury shares, which corresponds to approximately 0.20 percent of the total number of shares in Valmet.
Photo: Valmet
RELATED NEWS
