Finnair completed repurchase of own shares

Finnair Plc, Stock Exchange Release, 10 January 2019 at 17:15 EET

Finnair has completed the repurchase of own shares, which started on 5 December 2018 and ended on 10 January 2019. During that time, Finnair acquired a total of 600,000 own shares for an average price of EUR 7.08 per share. The shares were acquired in public trading on Nasdaq Helsinki Ltd. at the market price prevailing at the time of purchase. The repurchased shares were acquired on the basis of the authorisation given by the Annual General Meeting on 20 March 2018 and shall be used as a part of the Company’s incentive programmes.

Following the repurchase, Finnair Plc holds a total of 797,008 own shares, corresponding to 0.62% of the total number of shares.

Further information:
Finnair communications, tel. +358 9 818 4020, comms(a)finnair.com

Distribution:
Nasdaq Helsinki
Principal media

Finnair is a network airline specialising in passenger and cargo traffic between Asia and Europe. Helsinki’s geographical location gives Finnair a competitive advantage, since the fastest connections between many European destinations and Asian megacities fly over Finland. Finnair’s vision is to offer its passengers a unique Nordic experience, and its mission is to offer the smoothest, fastest connections in the northern hemisphere via Helsinki and the best network to the world from its home markets. Finnair is the only Nordic network carrier with a 4-star Skytrax ranking and a member of the oneworld alliance. In 2017, Finnair’s revenues amounted to EUR 2,568 million and it carried almost 12 million passengers. Finnair Plc’s shares are quoted on Nasdaq Helsinki.