Finnair completed the repurchase of its own shares

Finnair Plc         Stock Exchange Release         22 February 2021 at 7.15 p.m. EET

Finnair has completed the repurchase of its own shares, which started on 19 February 2021 and ended on 22 February 2021. During that time, Finnair acquired a total of 1,800,000 own shares for an average price of EUR 0.64 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 29 May 2020 and shall be used as a part of the Company’s incentive programmes.

Following the repurchase, Finnair Plc holds a total of 1,970,660 own shares, corresponding to 0.14 per cent of the total number of shares.

FINNAIR PLC

Further information:
Finnair communications, 358 9 818 4020, comms@finnair.com

Distribution:
NASDAQ OMX Helsinki
Principal media

Finnair is a modern premium 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. Sustainability is at the heart of everything we do –  Finnair intends to reduce its net emissions by 50% by the end of 2025 from the 2019 baseline and achieve carbon neutrality latest by the end of 2045. Finnair is a member of the oneworld alliance. Finnair Plc’s shares are quoted on the Nasdaq Helsinki stock exchange.